Harmonized Unemployment Rate: Total: All Persons for the European Union
Annual, Not Seasonally Adjusted
LRHUTTTTEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.33
Year-over-Year Change
-11.95%
Date Range
1/1/2000 - 1/1/2019
Summary
This economic indicator tracks the annual, not seasonally adjusted unemployment rate in the United States. It provides important insights into long-term labor market trends and is a key metric for economists and policymakers.
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 measures the percentage of the total labor force that is without a job and actively seeking employment over a 12-month period. This broad indicator helps identify underlying shifts in the national job market beyond short-term fluctuations.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions.
Key Facts
- The U.S. annual unemployment rate averaged 5.9% from 1950 to 2022.
- The highest annual unemployment rate on record was 9.7% in 2010.
- The lowest annual unemployment rate was 3.5% in 1953 and 2019.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the annual, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the total labor force without a job and actively seeking employment over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate provides important insights into long-term labor market trends, which is a key metric for economists and policymakers to monitor economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
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 economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, and the annual, not seasonally adjusted rate provides a broader perspective on long-term labor market trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTTTEUA156S), retrieved from FRED.