Unemployed Persons in Minnesota
Monthly, Seasonally Adjusted
LASST270000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105,515.00
Year-over-Year Change
5.31%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' economic trend measures the unemployment rate in Louisiana. This key indicator provides insights into the strength of the state's labor market and overall economic 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
The unemployment rate tracks the percentage of the civilian labor force in Louisiana that is jobless but actively seeking employment. It is a widely followed metric used by economists, policymakers, and analysts to assess the health 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 watched by the Federal Reserve and state government agencies to inform economic and workforce development policies.
Key Facts
- Louisiana's unemployment rate was 4.0% as of the latest data.
- The state's jobless rate has fallen by 2 percentage points over the past year.
- Unemployment in Louisiana remains slightly above the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' trend measures the percentage of the civilian labor force in Louisiana that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Louisiana unemployment rate is a key indicator of the state's economic health and labor market conditions, providing important insights for policymakers, businesses, and workers.
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 closely monitored by the Federal Reserve and state government agencies to inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The unemployment data is released on a monthly basis, with a typical lag of around one month.
Related Trends
Gross Domestic Product: Miscellaneous Manufacturing (339) in Minnesota
MNMISCMANNGSP
90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Minnesota
PECIUB0T4MN27000A647NCEN
Chain-Type Quantity Index for Real GDP: All Industry Total in Minnesota
MNQQGSP
All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Minnesota
SMS27000006056000001
Average Weekly Hours of Production Employees: Financial Activities: Finance and Insurance in Minnesota
SMU27000005552000007
Average Weekly Hours of Production Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Minnesota
SMU27000005552200007A
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST270000000000004), retrieved from FRED.