Insured Unemployment Rate in Indiana
ININSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
-4.41%
Date Range
5/27/2006 - 7/19/2025
Summary
The Insured Unemployment Rate in Indiana measures the percentage of the state's insured labor force that is currently unemployed and receiving unemployment insurance benefits. This metric provides insight into the health of Indiana's labor market and economy.
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 in Indiana represents the ratio of people receiving unemployment insurance benefits to the total number of individuals in the state's insured labor force. This statistic is used by economists and policymakers to gauge the strength of the local job market and assess the need for economic interventions.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of state unemployment insurance program participants.
Historical Context
The Insured Unemployment Rate is a key indicator monitored by the Federal Reserve and other institutions when evaluating Indiana's economic conditions and policy responses.
Key Facts
- The Insured Unemployment Rate in Indiana averaged 2.4% from 2010 to 2019.
- Indiana's Insured Unemployment Rate peaked at 12.1% during the COVID-19 pandemic in 2020.
- The state's Insured Unemployment Rate has declined steadily since mid-2020 as the economy has recovered.
FAQs
Q: What does the Insured Unemployment Rate in Indiana measure?
A: The Insured Unemployment Rate in Indiana measures the percentage of the state's insured labor force 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 insight into the health of Indiana's labor market and economy, and is monitored by economists and policymakers to assess the need for economic interventions.
Q: How is the Insured Unemployment Rate data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of state unemployment insurance program participants.
Q: How is the Insured Unemployment Rate used in economic policy?
A: The Insured Unemployment Rate is a key indicator monitored by the Federal Reserve and other institutions when evaluating Indiana's economic conditions and policy responses.
Q: Are there any update delays or limitations with the Insured Unemployment Rate data?
A: The Insured Unemployment Rate data is subject to the typical release schedule and limitations of government economic statistics, but generally provides timely insights into Indiana's labor market conditions.
Related Trends
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Deposits in Noninsured Commercial Nonmember Banks in Indiana
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Value of Exports to Bahamas from Indiana
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Gross Domestic Product: Waste Management and Remediation Services (562) in Indiana
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Personal Consumption Expenditures: Services: Health Care for Indiana
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Citation
U.S. Federal Reserve, Insured Unemployment Rate in Indiana (ININSUREDUR), retrieved from FRED.