Employed Persons in Massachusetts
Monthly, Seasonally Adjusted
LASST250000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,767,900.00
Year-over-Year Change
0.50%
Date Range
1/1/1976 - 6/1/2025
Summary
This series tracks the monthly unemployment rate in Oregon, seasonally adjusted. It is a key economic indicator used by policymakers and analysts to gauge the health of the state's labor market.
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 Oregon measures the percentage of the civilian labor force that is jobless. It is a widely followed metric that provides insight into economic conditions, employment trends, and the overall strength of the state's workforce.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
The Oregon unemployment rate is closely monitored by the Federal Reserve, state government, and private-sector economists to inform policy decisions and economic forecasts.
Key Facts
- Oregon's unemployment rate averaged 5.2% in 2022.
- The state's jobless rate peaked at 14.2% during the COVID-19 pandemic in 2020.
- Oregon's unemployment rate has historically been above the national average.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monthly unemployment rate in the state of Oregon, adjusted for seasonal variations in hiring and employment.
Q: Why is this trend relevant for users or analysts?
A: The Oregon unemployment rate is a key barometer of the state's economic health and labor market conditions, providing important insights for policymakers, businesses, and individual consumers.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Oregon unemployment rate is closely monitored by the Federal Reserve, state government, and private-sector economists to inform policy decisions and economic forecasts.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of about one month between the reference period and publication.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST250000000000005), retrieved from FRED.