Unemployment Rate: Aged 15-74: Males for the European Union
Annual, Not Seasonally Adjusted
LRUN74MAEUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
-7.58%
Date Range
1/1/1998 - 1/1/2019
Summary
This economic trend measures the annual unemployment rate in the U.S. economy. It provides key insights into labor market conditions and overall economic performance.
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 represents the percentage of the civilian labor force that is jobless. This metric is a crucial indicator of economic health and a key input for policymakers and analysts.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely watched by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. annual unemployment rate peaked at 14.7% in 2020 during the COVID-19 pandemic.
- The lowest annual unemployment rate on record was 2.5% in 1953.
- Unemployment is a lagging economic indicator, typically improving after other measures of economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States. It represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of economic health and labor market conditions. It is closely monitored by policymakers, economists, and market analysts to inform decisions and assessments.
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 unemployment rate is a key input for the Federal Reserve and other policymakers in making monetary and fiscal policy decisions to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is typically published with a short delay, as it is derived from monthly survey data.
Related Trends
Harmonized Index of Consumer Prices: Restaurants and Hotels for European Union (27 Countries from 2020)
CP1100EU272020M086NEST
Producer Prices Index: Economic activities: Industrial activities: Total for the European Union
EU28PIEATI01GPM
Harmonized Index of Consumer Prices: Domestic Services and Household Services for European Union
CP0562EUCCM086NEST
Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for European Union (27 Countries from 2020)
CP0432EU272020M086NEST
Consumer Price Index: Harmonised prices: Transport (COICOP 07): Total for the European Union
EU28CPHP0700GPM
Gross Domestic Product by Expenditure in Constant Prices: Gross Fixed Capital Formation for the European Union
NAEXKP04EUQ661S
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN74MAEUA156N), retrieved from FRED.