Employed Persons in Maryland
Monthly, Seasonally Adjusted
LASST240000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,128,773.00
Year-over-Year Change
-0.73%
Date Range
1/1/1976 - 6/1/2025
Summary
This economic indicator measures the monthly, seasonally adjusted unemployment rate in Louisiana. It provides crucial insights into the state's labor market conditions and serves as an important gauge for policymakers and economists.
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 monthly, seasonally adjusted unemployment rate in Louisiana represents the percentage of the total civilian labor force that is jobless. It is a key metric used to assess the overall health and performance of the state's economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Louisiana unemployment rate is closely monitored by policymakers, businesses, and consumers to inform economic decision-making and policy interventions.
Key Facts
- Louisiana's unemployment rate was 4.1% in April 2023.
- The state's unemployment rate has declined by 1.2 percentage points over the past year.
- Louisiana's unemployment rate is slightly higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted unemployment rate in the state of Louisiana. It represents the percentage of the total civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The Louisiana unemployment rate is a crucial indicator of the state's labor market conditions and overall economic performance. It is closely monitored by policymakers, businesses, and consumers to inform decision-making and policy interventions.
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: The Louisiana unemployment rate is used by policymakers, economists, and market analysts to assess the state's economic conditions and inform policy decisions, investment strategies, and consumer behavior.
Q: Are there update delays or limitations?
A: The Louisiana unemployment rate data is typically published on a monthly basis, with a brief delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST240000000000005), retrieved from FRED.