Continued Claims (Insured Unemployment) in Alabama
ALCCLAIMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,261.00
Year-over-Year Change
21.91%
Date Range
6/3/2006 - 7/26/2025
Summary
The Continued Claims (Insured Unemployment) in Alabama metric tracks the number of people receiving unemployment insurance benefits in the state. This data provides insight into the health of the state's labor market.
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
The Continued Claims (Insured Unemployment) in Alabama statistic represents the total number of people in Alabama receiving unemployment insurance payments on a weekly basis. This is a key indicator of the state's economic conditions and can inform policy decisions.
Methodology
The data is collected from state unemployment insurance claims filed with the Alabama Department of Labor.
Historical Context
Policymakers and economists use this metric to assess the strength of Alabama's labor market and the effectiveness of unemployment assistance programs.
Key Facts
- Alabama's continued claims averaged 41,000 in 2022.
- Continued claims peaked at 236,000 in April 2020 due to the COVID-19 pandemic.
- The metric has declined steadily since the height of the pandemic.
FAQs
Q: What does this economic trend measure?
A: The Continued Claims (Insured Unemployment) in Alabama metric tracks the number of people in the state receiving unemployment insurance benefits on a weekly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insight into the health of Alabama's labor market and can inform policy decisions related to unemployment assistance programs.
Q: How is this data collected or calculated?
A: The data is collected from state unemployment insurance claims filed with the Alabama Department of Labor.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the strength of Alabama's labor market and the effectiveness of unemployment assistance programs.
Q: Are there update delays or limitations?
A: The data is published on a weekly basis, with minimal delays, and provides a comprehensive view of insured unemployment in Alabama.
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Citation
U.S. Federal Reserve, Continued Claims (Insured Unemployment) in Alabama (ALCCLAIMS), retrieved from FRED.