Unemployment Rate in Arizona
AZUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
17.14%
Date Range
1/1/1976 - 6/1/2025
Summary
The Unemployment Rate in Arizona is a key economic indicator that measures the percentage of the state's labor force that is jobless. It provides insights into the health and dynamics of the Arizona 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 Unemployment Rate in Arizona is a monthly statistic released by the U.S. Bureau of Labor Statistics. It is part of the broader household survey that collects data on employment, unemployment, and labor force participation across the United States.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The Arizona unemployment rate is closely monitored by policymakers, businesses, and economic analysts to gauge the state's economic performance and labor market conditions.
Key Facts
- Arizona's unemployment rate has averaged around 5% over the past decade.
- The state's unemployment rate typically tracks close to the national average.
- Unemployment rates can vary significantly by region within Arizona.
FAQs
Q: What does the Unemployment Rate in Arizona measure?
A: The Unemployment Rate in Arizona measures the percentage of the state's labor force that is jobless and actively seeking employment.
Q: Why is the Arizona unemployment rate relevant for users or analysts?
A: The Arizona unemployment rate is a key indicator of the health and strength of the state's labor market and overall economy, providing insights for policymakers, businesses, and economic analysts.
Q: How is the Arizona unemployment rate data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is the Arizona unemployment rate used in economic policy?
A: The Arizona unemployment rate is closely monitored by policymakers at the state and federal level to assess labor market conditions and inform economic and workforce development policies.
Q: Are there any update delays or limitations with the Arizona unemployment rate data?
A: The Arizona unemployment rate data is typically released on a monthly basis with a slight delay, as it is part of the broader household survey conducted by the Census Bureau.
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Citation
U.S. Federal Reserve, Unemployment Rate in Arizona (AZUR), retrieved from FRED.