Unemployed Persons in Louisiana
LASST220000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92,694.00
Year-over-Year Change
6.05%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Unemployed Persons in Louisiana' series tracks the number of individuals in Louisiana who are actively seeking employment but unable to find work. This key economic indicator provides insight into the state's 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
This series represents the total number of unemployed persons in Louisiana, as defined by the U.S. Bureau of Labor Statistics. It is a crucial metric used by economists and policymakers to assess the strength of the state's economy and inform decision-making around employment, workforce development, and social support programs.
Methodology
The data is collected through monthly household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a key input for fiscal and monetary policy decisions at the state and national level.
Key Facts
- Louisiana's unemployment rate was 5.1% as of the latest data.
- The state's unemployment level has fluctuated in recent years due to economic shocks.
- Reducing unemployment is a key policy goal for state and local governments.
FAQs
Q: What does this economic trend measure?
A: The 'Unemployed Persons in Louisiana' series tracks the number of individuals in the state who are actively seeking employment but unable to find work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into the strength of Louisiana's labor market and overall economic conditions, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for fiscal and monetary policy decisions at the state and national level, as it reflects the health of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Unemployed Persons in Louisiana (LASST220000000000004), retrieved from FRED.