Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for Switzerland
Annual, Not Seasonally Adjusted
LRUNTTMACHA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.15
Year-over-Year Change
-3.02%
Date Range
1/1/2010 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in the United States. It is a key indicator of 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 total labor force that is jobless. It is a widely followed metric used by economists, policymakers, and market analysts to assess the health of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and market forecasts.
Key Facts
- The U.S. annual, not seasonally adjusted unemployment rate was 3.7% in 2022.
- The rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate is a lagging indicator, reflecting past economic conditions.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted unemployment rate measures the percentage of the total U.S. labor force that is jobless over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key barometer of labor market conditions and a crucial input for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population 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 the Federal Reserve and factors into its decisions on monetary policy and interest rates.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a slight delay, and the not seasonally adjusted version may be affected by seasonal fluctuations.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUNTTMACHA156N), retrieved from FRED.