All Employees: Mining, Logging, and Construction in Missouri
Monthly, Seasonally Adjusted
SMS29000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.90
Year-over-Year Change
2.38%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the monthly unemployment rate in the United States, 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
This monthly unemployment rate trend is a widely followed economic indicator, used by policymakers, analysts, and researchers to assess the current state and trajectory of the U.S. labor market and broader economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for the Federal Reserve's monetary policy decisions and is closely watched by financial markets.
Key Facts
- The U.S. unemployment rate has averaged around 5.8% since 2000.
- The highest unemployment rate on record was 14.7% in April 2020 during the COVID-19 pandemic.
- Reducing unemployment is a key goal of the Federal Reserve's dual mandate of price stability and maximum employment.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series measures the monthly unemployment rate in the United States, which represents the percentage of the labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of labor market conditions and overall economic performance, making it highly relevant for policymakers, economists, and investors.
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: The unemployment rate is a key input for the Federal Reserve's monetary policy decisions, as the central bank aims to achieve maximum employment as part of its dual mandate.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis, with a typical delay of about two weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS29000001500000001), retrieved from FRED.