Employed Persons in Pennsylvania
Monthly, Not Seasonally Adjusted
LAUST420000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,257,831.00
Year-over-Year Change
-1.52%
Date Range
1/1/1976 - 6/1/2025
Summary
This economic trend measures the monthly unemployment rate for the U.S. civilian labor force. It provides important insights into the health and dynamics of the American 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
The Monthly, Not Seasonally Adjusted unemployment rate tracks the proportion of the total civilian labor force that is jobless but actively seeking employment. This fundamental indicator is closely monitored by economists, policymakers, and investors to assess current economic conditions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a key metric used to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, prior to the COVID-19 pandemic.
- The unemployment rate peaked at 14.7% in April 2020 due to the economic impact of the pandemic.
- The unemployment rate has since declined but remained elevated at 5.9% as of June 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for the U.S. civilian labor force, providing insights into the health of the American labor market.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator monitored by economists, policymakers, and investors to assess current economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key metric used to inform monetary and fiscal policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAUST420000000000005), retrieved from FRED.