Insured Unemployment Rate in the District of Columbia
DCINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.08
Year-over-Year Change
14.92%
Date Range
5/27/2006 - 7/19/2025
Summary
The Insured Unemployment Rate in the District of Columbia measures the percentage of the insured labor force that is unemployed. This economic indicator provides insights into the local job market and informs policy decisions.
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 Insured Unemployment Rate tracks the number of people receiving unemployment insurance benefits in the District of Columbia as a proportion of the total insured labor force. This metric helps economists and policymakers assess the strength of the local economy and employment conditions.
Methodology
The data is collected by the U.S. Department of Labor from state workforce agencies.
Historical Context
This trend is used to guide fiscal and monetary policies aimed at promoting employment and economic stability in the District of Columbia.
Key Facts
- The District of Columbia's insured unemployment rate was 2.4% in January 2023.
- The insured unemployment rate has declined from a pandemic high of 10.1% in June 2020.
- Tracking the insured unemployment rate is crucial for assessing the economic health of the District of Columbia.
FAQs
Q: What does the Insured Unemployment Rate in the District of Columbia measure?
A: The Insured Unemployment Rate measures the percentage of the insured labor force in the District of Columbia that is currently unemployed and receiving unemployment insurance benefits.
Q: Why is the Insured Unemployment Rate relevant for users or analysts?
A: The Insured Unemployment Rate provides valuable insights into the strength of the local job market and labor force, informing economic policymaking and investment decisions.
Q: How is the Insured Unemployment Rate data collected or calculated?
A: The data is collected by the U.S. Department of Labor from state workforce agencies and calculated as the number of insured unemployed workers divided by the total insured labor force.
Q: How is the Insured Unemployment Rate used in economic policy?
A: Policymakers and economists use the Insured Unemployment Rate to assess the health of the local job market and guide fiscal and monetary policies aimed at promoting employment and economic stability in the District of Columbia.
Q: Are there any update delays or limitations with the Insured Unemployment Rate data?
A: The Insured Unemployment Rate data is typically published with a 1-2 month lag, and may not capture the full extent of unemployment due to variations in unemployment insurance enrollment.
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Citation
U.S. Federal Reserve, Insured Unemployment Rate in the District of Columbia (DCINSUREDUR), retrieved from FRED.