Monthly, Seasonally Adjusted
LRHUTTMAG7M156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.90
Year-over-Year Change
-12.50%
Date Range
1/1/1991 - 10/1/2017
Summary
The 'Monthly, Seasonally Adjusted' series measures the unemployment rate for the U.S. adult population. This key economic indicator is closely monitored by policymakers and analysts to gauge the health of the labor market.
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
This seasonally adjusted unemployment rate represents the percentage of the civilian labor force that is jobless. It is a widely referenced metric for assessing employment trends and the overall strength of the economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Unemployment statistics are used to inform monetary and fiscal policy decisions.
Key Facts
- The current U.S. unemployment rate is 3.5%.
- Unemployment reached a peak of 14.7% during the COVID-19 pandemic.
- The Federal Reserve closely monitors unemployment in setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series measures the percentage of the civilian labor force that is currently unemployed in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the labor market and broader economy. It is closely watched by policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Unemployment statistics are a critical input for the Federal Reserve and other policymakers in setting monetary and fiscal policies to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The unemployment data is published monthly with a brief lag. There may be revisions to prior months' figures as more complete information becomes available.
Related Trends
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LRHUTTMAG7M156S), retrieved from FRED.