Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Australia
Quarterly, Seasonally Adjusted
LRUNTTTTAUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.07
Year-over-Year Change
0.53%
Date Range
7/1/1966 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the U.S. unemployment rate on a quarterly basis, adjusting for seasonal factors. This metric is a key indicator of labor market health and 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 Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. It is a widely-used statistic for analyzing economic conditions and guiding policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve, policymakers, and market analysts to assess the broader economic climate.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022.
- Unemployment levels vary significantly by industry and geographic region.
- The unemployment rate is a lagging economic indicator, reflecting past conditions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless on a quarterly basis, with adjustments for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market health and overall economic performance, making it essential for policymakers, economists, and market participants to monitor.
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 watched by the Federal Reserve and policymakers to assess the broader economic climate and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The quarterly unemployment data is released with a brief lag, and the figures may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUNTTTTAUQ156S), retrieved from FRED.