Unemployed Persons in Pennsylvania
Monthly, Seasonally Adjusted
LASST420000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
260,174.00
Year-over-Year Change
10.27%
Date Range
1/1/1976 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted unemployment rate measures the percentage of the civilian labor force in California that is jobless. This key economic indicator provides insights into the strength of the state's labor market and economy.
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 is a statistical measure of the proportion of the total labor force in California that is without a job but actively seeking employment. It is a widely-used gauge of economic health and labor market conditions.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to assess the overall economic climate and guide policy decisions.
Key Facts
- California's unemployment rate was 3.9% as of the latest report.
- The state's jobless rate has declined by 2.1 percentage points over the past year.
- California accounts for approximately 14% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted unemployment rate measures the percentage of the civilian labor force in California that is jobless and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insight into the strength of California's labor market and overall economic conditions, making it crucial for policymakers, businesses, and economists to monitor.
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: Policymakers and analysts closely follow this trend to assess the state's economic climate and guide policy decisions, such as those related to employment, taxation, and spending.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of around 4 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST420000000000004), retrieved from FRED.