All Employees: Mining, Logging, and Construction in Rhode Island
Monthly, Not Seasonally Adjusted
SMU44000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.50
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator measures the monthly unemployment rate in the United States on a not seasonally adjusted basis. It provides critical insights into the state of the labor market and is closely monitored by policymakers and economists.
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 monthly, not seasonally adjusted unemployment rate is a key metric for understanding employment dynamics in the U.S. economy. It represents the proportion of the civilian labor force that is currently jobless but actively seeking work, offering a granular view of the labor market's health.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This unemployment rate statistic informs monetary and fiscal policy decisions made by the Federal Reserve and government agencies.
Key Facts
- The U.S. unemployment rate averaged 5.9% in 2022.
- The highest monthly unemployment rate on record was 14.7% in April 2020.
- The unemployment rate is a lagging economic indicator.
FAQs
Q: What does this economic trend measure?
A: The monthly, not seasonally adjusted unemployment rate measures the proportion of the civilian labor force that is currently jobless but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This unemployment statistic is a critical indicator of the labor market's health and a key input for policymakers and economists in their analysis of the broader economy.
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 monthly, not seasonally adjusted unemployment rate informs monetary and fiscal policy decisions made by the Federal Reserve and government agencies.
Q: Are there update delays or limitations?
A: The unemployment data is released on a monthly basis, with a short delay, and may be subject to revision as additional information becomes available.
Similar SMU Trends
Housing Inventory: Active Listing Count Month-Over-Month in Rhode Island
ACTLISCOUMMRI
Number of Commercial Banks in Rhode Island
X08CBTRI
Interbank Deposits in All Commercial Banks in Rhode Island
X08IOACBIRI
All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Rhode Island
SMU44000006054000001SA
Coincident Economic Activity Index for Rhode Island
RIPHCI
Interbank Deposits in Commercial Member Banks in Rhode Island
X08IOMBIRI
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU44000001500000001), retrieved from FRED.