Employed Persons in Maryland
Monthly, Not Seasonally Adjusted
LAUST240000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,145,032.00
Year-over-Year Change
-0.63%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the total number of new unemployment insurance claims filed each month in the United States. This indicator provides insight into the labor market's health and trends in job losses.
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 claims data reflects the number of workers who have recently lost their jobs and applied for government unemployment insurance benefits. Economists and policymakers use this metric to assess the strength of the labor market and anticipate changes in employment and economic conditions.
Methodology
The data is collected by the U.S. Department of Labor from state workforce agencies that administer unemployment insurance programs.
Historical Context
The unemployment claims trend is a key economic indicator used to inform monetary and fiscal policy decisions.
Key Facts
- Unemployment claims peaked in March 2020 due to the COVID-19 pandemic.
- The 4-week moving average is a commonly cited metric to smooth out weekly volatility.
- Initial claims data is released weekly by the U.S. Department of Labor.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the total number of new unemployment insurance claims filed each month in the United States.
Q: Why is this trend relevant for users or analysts?
A: This unemployment claims data provides valuable insight into the strength of the labor market and can signal emerging economic trends.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor from state workforce agencies that administer unemployment insurance programs.
Q: How is this trend used in economic policy?
A: The unemployment claims trend is a key economic indicator used to inform monetary and fiscal policy decisions by government and central bank officials.
Q: Are there update delays or limitations?
A: The unemployment claims data is released weekly, with a short delay, by the U.S. Department of Labor.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAUST240000000000005), retrieved from FRED.