Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Luxembourg
Quarterly, Seasonally Adjusted
LRUN55TTLUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.60
Year-over-Year Change
4.94%
Date Range
4/1/2007 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the U.S. unemployment rate on a quarterly basis, adjusted for seasonal factors. This key economic indicator is closely watched by policymakers, economists, and investors.
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 vital metric for understanding the overall health of the U.S. labor market. It provides a more stable and representative picture of unemployment trends compared to the monthly data, which can be subject to greater volatility.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and serves as a barometer for the broader economy.
Key Facts
- The U.S. unemployment rate averaged 5.8% in 2022.
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The civilian labor force participation rate was 62.4% as of December 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the U.S. unemployment rate on a quarterly basis, with adjustments made to account for seasonal fluctuations in the labor market.
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 watched by policymakers, economists, and investors to assess economic conditions and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through the Current Population Survey, a monthly household survey.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for Federal Reserve monetary policy decisions, as it helps the central bank assess the state of the labor market and the broader economy when setting interest rates and other policy tools.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted unemployment rate data is released by the Bureau of Labor Statistics with a lag of approximately one quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN55TTLUQ156S), retrieved from FRED.