Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Austria
Annual, Not Seasonally Adjusted
LRHUTTMAATA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.57
Year-over-Year Change
3.73%
Date Range
1/1/1993 - 1/1/2024
Summary
This economic trend measures the total unemployment rate in the United States on an annual, not seasonally adjusted basis. It provides crucial insights into long-term employment patterns and is a key indicator for policymakers and economists.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The annual, not seasonally adjusted unemployment rate represents the total percentage of the civilian labor force that is jobless. This broad measure is widely used to assess the health and performance of the U.S. labor market over extended time periods.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
This unemployment rate trend is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The annual, not seasonally adjusted unemployment rate reached a high of 9.3% in 2010 during the Great Recession.
- This measure tends to be higher than the more commonly cited monthly, seasonally adjusted unemployment rate.
- Long-term trends in the annual unemployment rate help identify structural shifts in the labor market over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate in the United States on an annual, not seasonally adjusted basis. It represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate provides crucial insights into long-term employment patterns and is a key indicator used by policymakers and economists to assess the health and performance of the U.S. labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This unemployment rate trend is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is published with minimal delay and is a reliable long-term indicator of labor market conditions.
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Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Austria
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTMAATA156N), retrieved from FRED.