Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for OECD
Seasonally Adjusted
OECDLRHUTTMASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-6.47%
Date Range
1/1/2005 - 1/1/2025
Summary
The Seasonally Adjusted Harmonized Unemployment Rate measures the percentage of the labor force that is unemployed in OECD countries. This key economic indicator provides insights into labor market dynamics and is closely monitored by policymakers.
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 Harmonized Unemployment Rate is a standardized measure of unemployment across OECD economies. It adjusts for seasonal variations in labor force participation and hiring, allowing for reliable month-over-month and year-over-year comparisons.
Methodology
The data is collected through household labor force surveys and calculated using a standardized OECD methodology.
Historical Context
This unemployment rate is a crucial input for economic policy decisions and is closely watched by financial markets.
Key Facts
- Covers 38 OECD member countries.
- Unemployment rate averaged 5.5% across OECD in 2021.
- Peaked at 8.8% during the 2008-2009 financial crisis.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Harmonized Unemployment Rate measures the percentage of the labor force that is unemployed across OECD countries, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This key labor market indicator provides insights into economic conditions and is closely monitored by policymakers, economists, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys and calculated using a standardized OECD methodology.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for economic policy decisions, such as setting interest rates and evaluating the health of the labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one to two months.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLRHUTTMASTSAQ), retrieved from FRED.