Unemployment Rate: Aged 15-64: Males for the European Union
Annual, Not Seasonally Adjusted
LRUN64MAEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.20
Year-over-Year Change
-7.46%
Date Range
1/1/2005 - 1/1/2019
Summary
This economic trend measures the unemployment rate for the adult population in the United States on an annual, not seasonally adjusted basis. The unemployment rate is a key indicator of labor market conditions and a crucial metric for policymakers and economists.
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 unemployment rate represents the percentage of the civilian labor force that is jobless but actively seeking employment. This non-seasonally adjusted annual data provides a high-level overview of long-term trends in the U.S. labor market, complementing monthly and quarterly figures.
Methodology
The Bureau of Labor Statistics collects this data through household surveys and calculates the unemployment rate as a percentage of the total labor force.
Historical Context
The unemployment rate is widely used by the Federal Reserve, government agencies, and private analysts to assess the overall health of the economy and inform policy decisions.
Key Facts
- The U.S. unemployment rate averaged 5.3% in 2021.
- The highest recorded annual unemployment rate was 9.7% in 2010.
- The lowest annual unemployment rate in the past 50 years was 3.5% in 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for the adult population in the United States. The unemployment rate represents the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of labor market conditions and overall economic health. It is widely used by policymakers, economists, and analysts to assess the state of the economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects this data through household surveys and calculates the unemployment rate as a percentage of the total labor force.
Q: How is this trend used in economic policy?
A: The Federal Reserve, government agencies, and private analysts use the unemployment rate to evaluate the overall health of the economy and inform policy decisions related to monetary policy, fiscal policy, and employment programs.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is published with a relatively short delay, typically a few months after the end of the calendar year. However, this annual data may not capture short-term or seasonal fluctuations in the labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN64MAEUA156S), retrieved from FRED.