Annual, Not Seasonally Adjusted
LRHUTTTTO1A156S • 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' economic trend measures the total unemployment rate in the United States. It is a key indicator of labor market health and economic conditions.
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 tracks the annual average unemployment rate across the U.S. population, without adjusting for seasonal employment fluctuations. It provides a broad snapshot of the overall employment situation and is widely used by economists, policymakers, and market analysts.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy decisions.
Key Facts
- The annual unemployment rate averaged 3.7% in 2019.
- Unemployment rose sharply to 8.1% in 2020 due to the COVID-19 pandemic.
- The rate has gradually declined since the 2020 peak.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual average unemployment rate across the U.S. population, without adjusting for seasonal employment fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of overall labor market health and economic conditions, making it crucial for economic analysis, policy decisions, and market monitoring.
Q: How is this data collected or calculated?
A: The data is collected through the monthly 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 crucial input for monetary and fiscal policy decisions, as it reflects the strength of the labor market and overall economic conditions.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is typically released with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTTTO1A156S), retrieved from FRED.