Layoffs and Discharges: Total Nonfarm in Northeast Census Region
JTU00NELDL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
257.00
Year-over-Year Change
-11.38%
Date Range
12/1/2000 - 6/1/2025
Summary
The Layoffs and Discharges: Total Nonfarm in Northeast Census Region metric tracks the number of job separations due to layoffs and discharges in the northeastern United States. This provides important insights into regional labor market dynamics and the overall economic health of the Northeast.
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 economic indicator measures the total number of job separations due to layoffs and discharges in the Northeast region of the United States. It serves as a key barometer of labor market conditions and can signal changes in employer confidence and hiring/firing trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Policymakers and analysts use this metric to assess regional economic performance and inform decisions around employment, workforce development, and economic stabilization policies.
Key Facts
- The Northeast Census Region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Layoffs and discharges account for approximately 60% of all job separations.
- Tracking this metric can help identify economic shifts and inform policy decisions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of job separations due to layoffs and discharges in the Northeastern United States. It provides insights into regional labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key barometer of labor market conditions in the Northeast, signaling changes in employer confidence and hiring/firing trends, which can inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess regional economic performance and inform decisions around employment, workforce development, and economic stabilization policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month publication lag.
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Citation
U.S. Federal Reserve, Layoffs and Discharges: Total Nonfarm in Northeast Census Region (JTU00NELDL), retrieved from FRED.