Employment Level for Delaware
EMPLOYDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
482,800.00
Year-over-Year Change
5.48%
Date Range
10/1/2003 - 7/1/2024
Summary
The Employment Level for Delaware tracks the total number of employed persons in the state. This metric is a key indicator of economic health and labor market conditions.
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 Employment Level for Delaware measures the total number of people employed in the state, including both full-time and part-time workers. This data is used by economists and policymakers to assess the strength of Delaware's labor market and broader economic trends.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The Employment Level for Delaware is a valuable input for analyzing the state's economic performance and informing policy decisions.
Key Facts
- Delaware's employment level reached a record high of 480,000 in 2019.
- The COVID-19 pandemic caused a sharp decline in Delaware's employment in 2020.
- The employment level has since recovered but remains below pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The Employment Level for Delaware measures the total number of people employed in the state, including both full-time and part-time workers.
Q: Why is this trend relevant for users or analysts?
A: The Employment Level for Delaware is a key indicator of the state's economic health and labor market conditions, providing valuable insights for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Employment Level for Delaware is used by policymakers and analysts to assess the strength of the state's labor market and inform decisions related to economic development, workforce planning, and fiscal policy.
Q: Are there update delays or limitations?
A: The Employment Level for Delaware data is released on a monthly basis, with a typical lag of a few weeks. There may be minor revisions to the data over time as more information becomes available.
Related Trends
Real Gross Domestic Product: Government and Government Enterprises (92) in Delaware
DEGOVRQGSP
Gross Domestic Product: Transportation and Utilities (22, 48-49) in Delaware
DETRANSUTILNGSP
Commercial Carbon Dioxide Emissions, Kerosene for Delaware
EMISSCO2VKSCCBDEA
Real Gross Domestic Product: Retail Trade (44-45) in Delaware
DERETAILRQGSP
Value of Exports to Luxembourg from Delaware
DELUXA052SCEN
Unemployment Rate in Delaware
DEUR
Citation
U.S. Federal Reserve, Employment Level for Delaware (EMPLOYDE), retrieved from FRED.