State Unemployment Benefits in Delaware
DEOBEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,472.00
Year-over-Year Change
40.31%
Date Range
1/1/1948 - 1/1/2025
Summary
The 'State Unemployment Benefits in Delaware' trend measures the total number of unemployment insurance claims filed by individuals in the state of Delaware. This metric is a key indicator of economic conditions and workforce participation.
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 data series tracks the total number of people in Delaware who have filed for state-level unemployment benefits. It provides insight into the health of the local labor market and can help policymakers and analysts assess the economic impacts of factors like layoffs, business cycles, and policy changes.
Methodology
The data is collected directly from Delaware's state workforce agency.
Historical Context
Policymakers and economists closely monitor this trend to gauge the strength of the state's economy and identify potential needs for targeted employment or social programs.
Key Facts
- Delaware's unemployment benefits program was established in 1937.
- The state reached a peak of over 40,000 weekly unemployment claims during the COVID-19 pandemic.
- Unemployment insurance is funded through employer payroll taxes in Delaware.
FAQs
Q: What does this economic trend measure?
A: The 'State Unemployment Benefits in Delaware' trend tracks the total number of unemployment insurance claims filed by individuals in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health of Delaware's labor market and can help policymakers and economists assess economic conditions and potential need for employment programs.
Q: How is this data collected or calculated?
A: The data is collected directly from Delaware's state workforce agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to gauge the strength of Delaware's economy and identify potential needs for targeted employment or social programs.
Q: Are there update delays or limitations?
A: The data is published on a weekly basis with minimal delays, providing timely insight into labor market conditions.
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Citation
U.S. Federal Reserve, State Unemployment Benefits in Delaware (DEOBEN), retrieved from FRED.