Annual, Not Seasonally Adjusted
LRHUTTTTO1A156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
-8.70%
Date Range
1/1/1999 - 1/1/2016
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the total unemployment rate in the United States. This key economic indicator provides insights into labor market conditions and the overall health of the economy.
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 series represents the percentage of the total labor force that is unemployed but actively seeking employment. It is a widely-tracked metric used by economists, policymakers, and market analysts to assess employment trends and inform economic decision-making.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 during the COVID-19 pandemic.
- The long-term average unemployment rate in the U.S. is around 5-6%.
- Reducing unemployment is a key goal of economic policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total unemployment rate in the United States, representing the percentage of the labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of the overall health of the labor market and the broader economy. It provides key insights that inform economic policy decisions and market analysis.
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 a key input for monetary and fiscal policy decisions, as policymakers aim to maintain full employment and stable economic growth.
Q: Are there update delays or limitations?
A: The unemployment data is published monthly with a brief lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTTTO1A156N), retrieved from FRED.