Unemployment level of men: seasonally adjusted monthly number in the U.S. 2019/2020

In the United States, around 8.32 million men aged 16 years or older were unemployed in July 2020. Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends.

Monthly number of unemployed men in the United States from July 2019 to July 2020

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Source

Release date

August 2020

Region

United States

Survey time period

July 2019 to July 2020

Age group

16 years and older

Supplementary notes

Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. It is normal to report un-adjusted data for current unemployment rates, as these reflect the actual current situation. Seasonally adjusted data may be used for the longer term comparison. Unlike the trend and cyclical components, seasonal components, theoretically, happen with similar magnitude during the same time period each year. The seasonal component of a series are often considered to be uninteresting in their own right and to cause the interpretation of a series to be ambiguous. By removing the seasonal component, it is easier to focus on other components.

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