Covered Employment
This dataset tracks covered employment over time.
Latest Value
152830813.00
Year-over-Year Change
0.24%
Date Range
1/2/1971 - 7/19/2025
Summary
Covered Employment measures the number of jobs covered by unemployment insurance programs in the United States. It is a key indicator of overall economic activity and employment trends.
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
Covered Employment tracks the number of jobs that are eligible for unemployment benefits, providing insight into the size and composition of the U.S. labor market. This metric is widely used by economists and policymakers to analyze employment patterns and assess the health of the economy.
Methodology
The data is collected through surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Covered Employment data informs policy decisions related to labor market interventions, unemployment insurance programs, and economic stimulus measures.
Key Facts
- Covered Employment accounts for over 90% of total U.S. employment.
- The series dates back to 1939, providing long-term historical data.
- Covered Employment is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does the Covered Employment trend measure?
A: Covered Employment tracks the number of jobs that are eligible for unemployment insurance benefits, providing a comprehensive view of the U.S. labor market.
Q: Why is the Covered Employment trend relevant for users or analysts?
A: Covered Employment is a crucial indicator of overall economic activity and employment trends, informing policy decisions and market analysis.
Q: How is the Covered Employment data collected or calculated?
A: The data is collected through surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is the Covered Employment trend used in economic policy?
A: Covered Employment data informs policy decisions related to labor market interventions, unemployment insurance programs, and economic stimulus measures.
Q: Are there any update delays or limitations with the Covered Employment data?
A: The Covered Employment data is released monthly by the Bureau of Labor Statistics, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Covered Employment (COVEMP), retrieved from FRED.