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U.S. unemployment rate: seasonally adjusted May 2021

Monthly unemployment rate in the United States from May 2020 to May 2021

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Source

Release date

June 2021

Region

United States

Survey time period

May 2020 to May 2021

Age group

16 years and older

Supplementary notes

Seasonal adjustment is a statistical method used to remove 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 trend and cyclical components, seasonal components, theoretically, happen with similar magnitude during the same time period each year. The seasonal component of a series is often considered to be uninteresting in its own right and may 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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Statistics on "U.S. unemployment"

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