All Employees: Mining and Logging: Mining, Quarrying, and Oil and Gas Extraction in Pennsylvania
Not Seasonally Adjusted
SMU42000001021000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.20
Year-over-Year Change
0.47%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the monthly unemployment rate in the United States, providing crucial insights for policymakers and analysts on labor market conditions.
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 data series tracks the unemployment rate without seasonal adjustments, which can reveal important underlying trends that may be obscured by seasonal variations in employment. It is a key economic indicator used to assess the overall health of the U.S. labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical measure for guiding economic and monetary policies.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, the lowest in 50 years.
- Unemployment claims spiked to a record high of 6.9 million in March 2020 due to the COVID-19 pandemic.
- The unemployment rate varies significantly across different demographic groups and regions.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the monthly unemployment rate in the United States, providing unfiltered data on labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the U.S. economy, and the non-seasonally adjusted data can reveal important underlying trends that are obscured by seasonal variations.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key metric used by policymakers, central banks, and analysts to guide economic and monetary policies aimed at promoting full employment and stable prices.
Q: Are there update delays or limitations?
A: The unemployment data is released monthly by the Bureau of Labor Statistics, with a typical lag of around one month between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU42000001021000001), retrieved from FRED.