Unemployed Persons in Ohio
LAUST390000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
303,104.00
Year-over-Year Change
8.97%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Unemployed Persons in Ohio' trend measures the number of people in the state of Ohio who are without jobs and actively seeking employment. This data provides important insights into the health of Ohio'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 monthly series from the U.S. Bureau of Labor Statistics tracks the total number of unemployed individuals in the state of Ohio. It is a key economic indicator used by policymakers, analysts, and businesses to assess employment conditions and trends in the state.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployed persons trend in Ohio is closely watched by the Federal Reserve and state officials as they evaluate economic policies and their impact on the job market.
Key Facts
- Ohio's unemployment rate was 4.2% as of the latest data.
- The number of unemployed persons in Ohio has declined by 30% since the COVID-19 pandemic.
- Ohio's unemployment level is slightly below the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Unemployed Persons in Ohio' trend measures the total number of people in the state of Ohio who are jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health of Ohio's labor market and is closely monitored by policymakers, economists, and businesses to assess economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployed persons trend in Ohio is closely watched by the Federal Reserve and state officials as they evaluate economic policies and their impact on the job market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Bureau of Labor Statistics, Unemployed Persons in Ohio (LAUST390000000000004), retrieved from FRED.