Monthly, Seasonally Adjusted
SMU16000004245290001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.50
Year-over-Year Change
1.50%
Date Range
1/1/1990 - 12/1/2017
Summary
The Monthly, Seasonally Adjusted series measures unemployment claims filed each month in the United States. This is a key economic indicator that provides insight into 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
This series tracks the number of initial unemployment insurance claims filed by workers who have lost their jobs, adjusted for seasonal variations. It serves as an important real-time signal of changes in the employment landscape.
Methodology
The data is collected through the U.S. Department of Labor's weekly report on initial jobless claims.
Historical Context
Economists and policymakers closely monitor this trend to assess the strength of the economy and inform decisions about monetary and fiscal policy.
Key Facts
- Unemployment claims reached a peak during the COVID-19 pandemic in 2020.
- Declining unemployment claims signal an improving labor market.
- The series is released weekly by the U.S. Department of Labor.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of initial unemployment insurance claims filed by workers who have lost their jobs, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This is a key economic indicator that provides real-time insight into the health of the labor market, which is crucial for understanding the overall state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Department of Labor's weekly report on initial jobless claims.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the strength of the economy and inform decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released weekly by the U.S. Department of Labor, with minimal delays.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU16000004245290001SA), retrieved from FRED.