Annual, Not Seasonally Adjusted
LRUN24MAO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.30
Year-over-Year Change
-2.21%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual unemployment rate in the United States, not seasonally adjusted. It provides important insights into long-term labor market trends and is a key indicator 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 tracks the percentage of the civilian labor force that is jobless but actively seeking employment over a 12-month period. This metric offers a broader view of labor market conditions compared to monthly, seasonally adjusted figures.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The annual unemployment rate is widely used to assess the overall health of the economy and inform policy decisions.
Key Facts
- The annual unemployment rate reached a high of 9.6% in 2010 during the Great Recession.
- In 2021, the annual unemployment rate was 5.3%, indicating a gradual recovery from the COVID-19 pandemic.
- The not seasonally adjusted data provides a more comprehensive view of long-term labor market trends compared to monthly figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless but 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 conditions, which is crucial for economists, policymakers, and analysts to assess the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is widely used by policymakers, central banks, and other institutions to inform economic policies and decisions that aim to promote full employment and stable labor market conditions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is typically released with a short delay and may not capture short-term fluctuations in the labor market as effectively as monthly, seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN24MAO1A156S), retrieved from FRED.