Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Sweden
Quarterly, Seasonally Adjusted
LRHUTTTTSEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.60
Year-over-Year Change
12.17%
Date Range
1/1/1983 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate for the United States on a quarterly basis, adjusted for seasonal variations. This metric is a key indicator of the overall health and employment conditions in the U.S. 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
The Quarterly, Seasonally Adjusted unemployment rate is a widely tracked economic indicator that provides a comprehensive view of the U.S. labor market. It is used by policymakers, economists, and analysts to assess employment trends, inform economic forecasting, and guide policy decisions.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through household surveys and calculated as a seasonally adjusted quarterly average.
Historical Context
The unemployment rate is a crucial input for the Federal Reserve and other policymakers when evaluating the state of the economy and determining appropriate monetary and fiscal policies.
Key Facts
- The U.S. unemployment rate averaged 5.5% in 2022.
- The highest quarterly unemployment rate on record was 14.7% in Q2 2020.
- The unemployment rate has steadily declined since the COVID-19 pandemic peak.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted unemployment rate measures the percentage of the U.S. labor force that is jobless, calculated on a quarterly basis and adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health of the labor market and the broader economy. It is closely monitored by policymakers, economists, and market participants to assess economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Bureau of Labor Statistics. The quarterly unemployment rate is then calculated as a seasonally adjusted average of the monthly figures.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for the Federal Reserve and other policymakers when evaluating the state of the economy and determining appropriate monetary and fiscal policies, such as interest rate decisions and employment-focused initiatives.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted unemployment rate is released by the Bureau of Labor Statistics with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUTTTTSEQ156S), retrieved from FRED.