Initial Claims in the District of Columbia

DCICLAIMS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

735.00

Year-over-Year Change

-8.58%

Date Range

6/3/2006 - 7/26/2025

Summary

The Initial Claims in the District of Columbia measures the number of people who filed for unemployment benefits in the District of Columbia. This trend is a key indicator of the health of the local labor market and can inform economic policymaking.

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

This series tracks new claims for unemployment insurance filed by workers in the District of Columbia. It serves as an early signal of changes in the local job market, as increased claims typically indicate rising unemployment or layoffs.

Methodology

The data is collected by the U.S. Department of Labor's Employment and Training Administration.

Historical Context

Initial claims data is closely monitored by economists, policymakers, and market analysts to assess the strength of the regional economy.

Key Facts

  • The District of Columbia saw a spike in initial claims during the COVID-19 pandemic.
  • Initial claims have generally trended downward since the 2008-2009 recession.
  • Tracking initial claims helps policymakers monitor the local job market and consider appropriate interventions.

FAQs

Q: What does this economic trend measure?

A: The Initial Claims in the District of Columbia measures the number of new claims for unemployment insurance filed by workers in the District of Columbia.

Q: Why is this trend relevant for users or analysts?

A: This metric serves as an early indicator of changes in the local job market and can inform economic policymaking in the District of Columbia.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Department of Labor's Employment and Training Administration.

Q: How is this trend used in economic policy?

A: Initial claims data is closely monitored by economists, policymakers, and market analysts to assess the strength of the regional economy and consider appropriate policy responses.

Q: Are there update delays or limitations?

A: The data is published weekly with minimal delays, providing timely insight into the District of Columbia's labor market conditions.

Related Trends

Citation

U.S. Federal Reserve, Initial Claims in the District of Columbia (DCICLAIMS), retrieved from FRED.