Unemployed Persons in Delaware
LAUST100000000000004A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,666.00
Year-over-Year Change
-39.80%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Unemployed Persons in Delaware' data series tracks the number of unemployed individuals in the state of Delaware. This metric is closely monitored by economists and policymakers to gauge the overall 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
This data series provides a key indicator of the employment situation in Delaware. It helps analyze trends in unemployment levels, which can inform economic and workforce development policies at the state level.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly household survey.
Historical Context
Unemployment rates are a critical input for state-level fiscal and monetary policy decisions.
Key Facts
- Delaware's unemployment rate was 4.2% as of the latest data.
- The number of unemployed persons in Delaware has declined by 30% since the pandemic peak.
- Delaware's unemployment rate is currently below the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Unemployed Persons in Delaware' data series tracks the number of unemployed individuals in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by economists and policymakers to gauge the overall health of the state's labor market and inform economic and workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly household survey.
Q: How is this trend used in economic policy?
A: Unemployment rates are a critical input for state-level fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of a few weeks.
Related Trends
Gross Domestic Product: Computer Systems Design and Related Services (5415) in Delaware
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Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for Delaware
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Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Delaware
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All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Delaware
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Regional Price Parities: Services: Other for Delaware
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Real Gross Domestic Product: Wholesale Trade (42) in Delaware
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Citation
U.S. Federal Reserve, Unemployed Persons in Delaware (LAUST100000000000004A), retrieved from FRED.