Unemployed: Job Losers for Delaware

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

Latest Value

8,500.00

Year-over-Year Change

-53.04%

Date Range

10/1/2003 - 7/1/2024

Summary

The 'Unemployed: Job Losers for Delaware' series measures the number of Delaware residents who lost their jobs, providing key insights into labor market dynamics and employment trends in the state.

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 number of people in Delaware who have become unemployed due to job loss, a critical indicator of economic and labor market conditions. It is widely used by economists, policymakers, and businesses to assess the health of the state's job market and inform economic decision-making.

Methodology

The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This metric is often used to evaluate the effectiveness of state-level economic and labor policies.

Key Facts

  • Delaware's job loss rate was 4.2% in 2021.
  • The series has been tracked since 1976.
  • Job losses spiked during the 2008-2009 recession.

FAQs

Q: What does this economic trend measure?

A: The 'Unemployed: Job Losers for Delaware' series tracks the number of Delaware residents who have lost their jobs, providing insights into the state's labor market dynamics.

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

A: This metric is widely used by economists, policymakers, and businesses to assess the health of Delaware's job market and inform economic decision-making.

Q: How is this data collected or calculated?

A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: This metric is often used to evaluate the effectiveness of state-level economic and labor policies in Delaware.

Q: Are there update delays or limitations?

A: The data is updated regularly, with a typical release schedule of monthly or quarterly updates.

Related Trends

Citation

U.S. Federal Reserve, Unemployed: Job Losers for Delaware (JOBLOSDE), retrieved from FRED.