Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Denmark
Quarterly, Seasonally Adjusted
LRHUTTTTDKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
44.36%
Date Range
1/1/1983 - 1/1/2025
Summary
This series measures the total unemployment rate in the United States on a quarterly, seasonally adjusted basis. It serves as a key indicator of the overall health and stability of the U.S. 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
The Quarterly, Seasonally Adjusted Unemployment Rate is a widely followed economic indicator that provides a comprehensive snapshot of unemployment in the U.S. The data is used by policymakers, economists, and analysts to assess the strength of the economy and guide policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on monthly household surveys.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has steadily declined since the 2008-2009 recession, reaching 3.5% in 2019.
- Historically, the unemployment rate has averaged around 5.8% since 1948.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Unemployment Rate measures the percentage of the total U.S. labor force that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health and strength of the U.S. labor market, providing important insights for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly household surveys and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at maintaining full employment and price stability.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted Unemployment Rate is published by the Bureau of Labor Statistics with a relatively short delay, typically within a few weeks of the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Unemployment Rate (LRHUTTTTDKQ156S), retrieved from FRED.