Unemployed Persons in Mississippi
Monthly, Seasonally Adjusted
LASST280000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,294.00
Year-over-Year Change
37.81%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the unemployment rate in the state of Colorado. It is a key economic indicator tracked by policymakers and analysts to assess 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 monthly unemployment rate series is adjusted for seasonal variations, providing a clearer picture of underlying trends. It is an important metric for evaluating the overall health of the Colorado economy and informing policy decisions.
Methodology
The data is collected through the Current Population Survey and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The Colorado unemployment rate is closely watched by the Federal Reserve and state government agencies to monitor economic performance and guide fiscal and monetary policies.
Key Facts
- Colorado's unemployment rate was 3.5% as of the latest report.
- The state's jobless rate has remained below the national average for the past year.
- The seasonally adjusted data helps identify underlying employment trends in Colorado.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly unemployment rate in the state of Colorado, with the data adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The Colorado unemployment rate is a key indicator of the state's economic health and a valuable data point for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Colorado unemployment rate is closely monitored by the Federal Reserve and state government agencies to inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST280000000000004), retrieved from FRED.