Private Public Utility Construction for United States
Not Seasonally Adjusted
M0291AUSM398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.00
Year-over-Year Change
52.44%
Date Range
1/1/1939 - 12/1/1946
Summary
The 'Not Seasonally Adjusted' data series tracks U.S. unemployment rates without seasonal adjustments. This metric provides a more raw, unfiltered view of joblessness trends that is valuable for economic analysis.
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 'Not Seasonally Adjusted' unemployment rate is a monthly data series published by the U.S. Bureau of Labor Statistics. It represents the unemployment rate without any seasonal adjustments, capturing the raw, unmodeled changes in joblessness over time.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts often use the non-seasonally adjusted rate to better understand underlying labor market dynamics.
Key Facts
- The non-seasonally adjusted unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- Seasonal adjustments aim to remove predictable fluctuations in the data, such as holiday hiring patterns.
- Analyzing the raw, unadjusted data can provide insights into labor market trends not captured by the seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' data series tracks the U.S. unemployment rate without any seasonal adjustments or filters applied.
Q: Why is this trend relevant for users or analysts?
A: The non-seasonally adjusted unemployment rate provides a more raw, unvarnished view of labor market dynamics that can offer valuable insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts often use the non-seasonally adjusted unemployment rate to better understand underlying labor market conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The non-seasonally adjusted unemployment data is published monthly by the U.S. Bureau of Labor Statistics with the same timeliness as the seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (M0291AUSM398NNBR), retrieved from FRED.