All Marginally Attached Workers for Delaware
ALLMARGATDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,900.00
Year-over-Year Change
0.00%
Date Range
10/1/2003 - 7/1/2024
Summary
The 'All Marginally Attached Workers for Delaware' trend measures the number of individuals in Delaware who are marginally attached to the labor force. This data provides important insights into the state's underemployment levels and labor market dynamics.
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
Marginally attached workers are those who are not in the labor force, but indicate that they want and are available for work, and have looked for a job sometime in the recent past. This measure helps economists and policymakers understand the level of untapped labor resources in Delaware's economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Tracking marginally attached workers is crucial for evaluating the health of Delaware's labor market and informing workforce development policies.
Key Facts
- Delaware's marginally attached worker population was 18,000 as of the latest data.
- Marginally attached workers make up around 3.5% of Delaware's total labor force.
- The number of marginally attached workers in Delaware has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Marginally Attached Workers for Delaware' trend measures the number of individuals in Delaware who are marginally attached to the labor force, meaning they want and are available for work but are not currently employed or actively seeking a job.
Q: Why is this trend relevant for users or analysts?
A: Tracking the level of marginally attached workers in Delaware is important for understanding the state's labor market dynamics and evaluating the degree of untapped labor resources that could potentially be mobilized.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Marginally attached worker data is used by economists and policymakers to assess the health of the labor market and inform workforce development initiatives in Delaware.
Q: Are there update delays or limitations?
A: The marginally attached worker data for Delaware is published with the same release schedule as the overall Current Population Survey, which may involve some update delays compared to real-time labor market conditions.
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Citation
U.S. Federal Reserve, All Marginally Attached Workers for Delaware (ALLMARGATDE), retrieved from FRED.