All Employees: Leisure and Hospitality: Accommodation in Minnesota
Not Seasonally Adjusted
SMU27000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.60
Year-over-Year Change
-1.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator measures the not seasonally adjusted unemployment rate in the United States. It provides valuable insights into the country's labor market conditions and trends.
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 key metric used by economists and policymakers to assess the overall health of the U.S. economy. It represents the percentage of the total labor force that is unemployed but actively seeking work.
Methodology
The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Key Facts
- The not seasonally adjusted unemployment rate is reported on a monthly basis.
- It does not account for seasonal fluctuations in employment.
- This indicator is used to track long-term labor market trends.
FAQs
Q: What does this economic trend measure?
A: The not seasonally adjusted unemployment rate measures the percentage of the total U.S. labor force that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the overall health and dynamics of the U.S. labor market, which is a crucial component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The not seasonally adjusted unemployment rate is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The not seasonally adjusted unemployment rate is reported on a monthly basis, with no significant update delays.
Similar SMU Trends
All Employees: Accommodation in Minnesota
SMU27000007072100001A
All Employees: Local Government Educational Services in Minnesota
SMU27000009093161101A
Average Weekly Earnings of Production Employees: Education and Health Services: Nursing and Residential Care Facilities in Minnesota
SMU27000006562300030
All Employees: Professional and Business Services: Management of Companies and Enterprises in Minnesota
SMS27000006055000001
Estimated Percent of People Under Age 5 in Poverty for Minnesota
PP0T4MN27000A156NCEN
Gross Domestic Product: Legal Services (5411) in Minnesota
MNLEGALNGSP
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU27000007072100001), retrieved from FRED.