Quarterly, Seasonally Adjusted
LRHUTTMAG7Q156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-21.88%
Date Range
1/1/1991 - 7/1/2017
Summary
The Quarterly, Seasonally Adjusted trend measures the unemployment rate for the U.S. metropolitan area of Atlanta, Georgia. This key labor market indicator is closely watched by economists and policymakers to assess economic conditions and inform policy decisions.
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 Quarterly, Seasonally Adjusted unemployment rate for the Atlanta metropolitan area provides a localized view of joblessness within a major U.S. urban center. This granular data complements national unemployment statistics and helps analysts identify regional economic trends and disparities.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Atlanta unemployment rate is a valuable input for the Federal Reserve and other policymakers when evaluating the strength of the local and national economy.
Key Facts
- Atlanta's quarterly unemployment rate averaged 3.5% in 2022.
- The Atlanta metro area is the ninth-largest in the United States.
- Unemployment peaked at 12.9% in Atlanta during the COVID-19 recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the unemployment rate for the Atlanta, Georgia metropolitan area, providing a localized view of the job market.
Q: Why is this trend relevant for users or analysts?
A: The Atlanta unemployment rate is a key indicator of regional economic conditions that complements national-level data, helping analysts and policymakers identify local labor market trends.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Atlanta unemployment rate is an important input for the Federal Reserve and other policymakers when evaluating the strength of the local and national economy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted data is released with a lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUTTMAG7Q156S), retrieved from FRED.