Monthly, Not Seasonally Adjusted
SMU72000008081300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.80
Year-over-Year Change
8.64%
Date Range
1/1/1990 - 12/1/2013
Summary
This series measures the monthly unemployment rate in the United States, not adjusted for seasonal variations. It provides a raw, unfiltered view of labor market trends that is valuable for economists and policymakers.
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 tracks the percentage of the civilian labor force that is jobless. This unadjusted figure offers insights into underlying labor market dynamics that are not obscured by typical seasonal patterns.
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 key indicator used by the Federal Reserve and other institutions to assess the health of the economy and guide policy decisions.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020 before the COVID-19 pandemic.
- The rate peaked at 14.7% in April 2020 due to widespread job losses.
- Unemployment has since declined but remains elevated compared to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monthly unemployment rate in the United States, without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted unemployment rate provides a raw, unfiltered view of labor market dynamics that is valuable for economists and policymakers.
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 indicator used by the Federal Reserve and other institutions to assess the health of the economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of a few weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU72000008081300001), retrieved from FRED.