Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Australia
Annual, Seasonally Adjusted
LRUN25MAAUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.92
Year-over-Year Change
-23.09%
Date Range
1/1/1979 - 1/1/2024
Summary
The Annual, Seasonally Adjusted employment rate measures the seasonally adjusted percentage of the civilian labor force that is unemployed in the United States. This key economic indicator provides insight into the health of the labor market.
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, Seasonally Adjusted unemployment rate is a monthly data series that represents the percentage of the total civilian labor force that is jobless. Adjusting for seasonal variations allows for more accurate analysis of long-term employment trends.
Methodology
This data is collected through the Current Population Survey, a comprehensive household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by policymakers, economists, and market participants to assess the strength of the economy and guide policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 3.5% in 2019.
- Unemployment rates tend to rise during economic recessions and fall during periods of economic growth.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted unemployment rate measures the percentage of the civilian labor force in the United States that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the labor market and the broader economy, providing insights that inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a comprehensive household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by policymakers, economists, and market participants to assess the strength of the economy and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of a few weeks between the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN25MAAUA156S), retrieved from FRED.