Unemployment Rate

Not Seasonally Adjusted

UNRATENSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.60

Year-over-Year Change

2.22%

Date Range

1/1/1948 - 7/1/2025

Summary

The Not Seasonally Adjusted unemployment rate provides raw employment data without statistical smoothing. This metric reveals unfiltered labor market conditions before seasonal adjustments.

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 metric represents the actual unemployment percentage without accounting for typical seasonal employment variations. It offers a direct snapshot of labor market dynamics.

Methodology

Data collected monthly through household surveys and establishment employment reports.

Historical Context

Used by economists to understand raw employment trends and seasonal labor market fluctuations.

Key Facts

  • Reflects unadjusted employment numbers
  • Captures immediate labor market conditions
  • Critical for understanding seasonal workforce changes

FAQs

Q: What does Not Seasonally Adjusted mean?

A: It means unemployment data is reported without statistical smoothing for predictable seasonal variations.

Q: Why are seasonal adjustments important?

A: Seasonal adjustments help isolate underlying economic trends by removing predictable fluctuations.

Q: How often is this data updated?

A: Monthly unemployment data is typically released by the Bureau of Labor Statistics.

Q: Can businesses use this data?

A: Businesses use raw unemployment data for strategic workforce planning and economic forecasting.

Q: What are the limitations of this metric?

A: Raw data can be misleading without context of seasonal employment patterns.

Related Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (UNRATENSA), retrieved from FRED.