Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Luxembourg
Quarterly, Not Seasonally Adjusted
LRHUTTTTLUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.37
Year-over-Year Change
50.39%
Date Range
1/1/1983 - 4/1/2025
Summary
This economic trend measures the number of people who are unemployed and actively seeking work in the U.S. It is a key indicator of labor market conditions and economic performance.
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 Unemployment Level, Quarterly, Not Seasonally Adjusted (LRHUTTTTLUQ156N) tracks the total number of unemployed persons in the United States on a quarterly basis without seasonal adjustments. This metric is widely used by economists and policymakers to assess the health of the labor market and broader economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this unemployment trend to inform economic and workforce development decisions.
Key Facts
- Unemployment level reached a peak of 23.1 million in Q2 2020 due to the COVID-19 pandemic.
- The unemployment rate has fallen from a high of 14.7% in April 2020 to 3.7% as of July 2022.
- The U.S. has regained over 22 million jobs lost during the pandemic as of August 2022.
FAQs
Q: What does this economic trend measure?
A: The Unemployment Level, Quarterly, Not Seasonally Adjusted (LRHUTTTTLUQ156N) tracks the total number of unemployed persons in the United States on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unemployment metric is a key indicator of labor market conditions and economic performance, closely monitored by policymakers, economists, and analysts to inform 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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this unemployment trend to assess the health of the labor market and broader economy, informing decisions on economic and workforce development policies.
Q: Are there update delays or limitations?
A: The unemployment data is released on a quarterly basis, with a short lag time. There may be revisions to prior period estimates as more complete information becomes available.
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Citation
U.S. Federal Reserve, Unemployment Level, Quarterly, Not Seasonally Adjusted (LRHUTTTTLUQ156N), retrieved from FRED.