UNRATENSA: Civilian Unemployment Rate

In neverhpfilter: An Alternative to the Hodrick-Prescott Filter

Description

UNRATENSA Civilian Unemployment Rate

Usage

data(UNRATENSA)

Format

An xts object of the Civilian Unemployment Rate.

• Release: Employment Situation

• Seasonal Adjustment: Not Seasonally Adjusted

• Frequency: Monthly

• Units: Percent

• Date Range: 1948-01-01 to 2021-03-01

• Last Updated 2021-04-02 7:44 AM CDT

Notes

The unemployment rate represents the number of unemployed as a percentage of the labor force. Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.

This rate is also defined as the U-3 measure of labor underutilization.

The series comes from the 'Current Population Survey (Household Survey)'

The source code is: LNU04000000

Source

U.S. Bureau of Labor Statistics https://fred.stlouisfed.org/data/UNRATENSA.txt

Examples

data(UNRATENSA)
tail(UNRATENSA)
plot(UNRATENSA, grid.col = "white", col="green")

neverhpfilter documentation built on June 18, 2021, 5:09 p.m.