Unemployed Persons in North Carolina
Monthly, Seasonally Adjusted
LASST370000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197,019.00
Year-over-Year Change
2.93%
Date Range
1/1/1976 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the unemployment rate in Florida. This key economic indicator provides insights into the health of the state's labor market and is closely monitored by policymakers.
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 for Florida is a widely tracked economic statistic that represents the percentage of the state's civilian labor force that is jobless. It is a vital metric for understanding workforce trends and informing economic policies.
Methodology
This data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Florida unemployment rate is a crucial input for assessing the state's overall economic performance and guiding policy decisions.
Key Facts
- Florida's unemployment rate has averaged 4.5% over the past 5 years.
- The state's unemployment rate reached a peak of 11.2% during the COVID-19 pandemic in 2020.
- Florida's labor force has grown by over 1 million workers since 2015.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series measures the unemployment rate in the state of Florida, representing the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The Florida unemployment rate is a critical economic indicator that provides insight into the health of the state's labor market and overall economic performance, making it highly relevant for policymakers, businesses, and analysts.
Q: How is this data collected or calculated?
A: This data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Florida unemployment rate is a key input for assessing the state's economic conditions and informing policy decisions related to workforce development, economic stimulus, and other initiatives.
Q: Are there update delays or limitations?
A: The Monthly, Seasonally Adjusted unemployment data for Florida is published by the U.S. Bureau of Labor Statistics with a typical one-month lag.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST370000000000004), retrieved from FRED.