Unemployed Persons in Nebraska
LAUST310000000000004A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,458.00
Year-over-Year Change
-25.57%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Unemployed Persons in Nebraska' metric tracks the monthly number of individuals in Nebraska's labor force who are jobless but actively seeking employment. This statistic is a key indicator of the state's economic health and job 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 data series measures the total number of people residing in Nebraska who are currently unemployed and looking for work. It is an important barometer for evaluating labor force participation, employment trends, and the overall strength of the state's economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor Nebraska's unemployment figures to inform economic and workforce development strategies.
Key Facts
- Nebraska's unemployment rate was 2.6% as of the latest data.
- The state's unemployment level has remained below the national average for the past decade.
- Unemployment claims in Nebraska spiked during the COVID-19 pandemic but have since returned to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The 'Unemployed Persons in Nebraska' metric tracks the monthly number of individuals in Nebraska's labor force who are jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: This statistic is a key indicator of the state's economic health and job market conditions, providing important insights for policymakers, economists, and businesses.
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 economists closely monitor Nebraska's unemployment figures to inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight delay for collection and processing.
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Citation
U.S. Federal Reserve, Unemployed Persons in Nebraska (LAUST310000000000004A), retrieved from FRED.