Railroad Gross Earnings for United States
Seasonally Adjusted
M0315AUSM144SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.97
Year-over-Year Change
-9.38%
Date Range
1/1/1866 - 12/1/1914
Summary
The Seasonally Adjusted series measures the seasonally adjusted unemployment rate in the United States. This key economic indicator is closely monitored by policymakers and analysts to assess the health of the labor market.
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 Seasonally Adjusted unemployment rate adjusts for regular seasonal fluctuations in employment, such as temporary holiday hiring or weather-related impacts. This allows economists to more accurately track underlying trends in the job market over time.
Methodology
The data is collected through the Current Population Survey and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and informs broader economic analysis.
Key Facts
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The current unemployment rate is 3.5% as of September 2022.
- Seasonal adjustment is essential for accurately tracking labor market trends.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the seasonally adjusted unemployment rate in the United States, which removes regular fluctuations to better reflect underlying labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of economic health, and the seasonally adjusted figure provides a more accurate assessment for policymakers and analysts to monitor the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and calculated 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 Federal Reserve monetary policy decisions and informs broader economic analysis and forecasting.
Q: Are there update delays or limitations?
A: The unemployment data is published monthly with a typical one-month lag, and the seasonal adjustment process may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (M0315AUSM144SNBR), retrieved from FRED.