U.S. seasonally adjusted unemployment rate 2022-2024

Monthly unemployment rate in the United States from January 2022 to January 2024

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Release date

February 2024

Region

United States

Survey time period

January 2022 to January 2024

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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