Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Japan

Monthly, Seasonally Adjusted

LRUN74TTJPM156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.52

Year-over-Year Change

-3.92%

Date Range

1/1/1978 - 6/1/2025

Summary

The 'Unemployment Rate - Washington' metric measures the seasonally adjusted unemployment rate in the state of Washington. This key economic indicator provides insights into the health of the local labor market and informs policymakers and analysts.

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 unemployment rate is a widely tracked measure of economic activity that represents the percentage of the total labor force that is jobless. Analyzing trends in the unemployment rate helps economists and policymakers understand the strength of the job market and broader economic conditions.

Methodology

The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.

Historical Context

The Washington unemployment rate is used to assess the state's economic performance and labor market dynamics.

Key Facts

  • Washington's unemployment rate was 4.7% in January 2023.
  • The rate has declined from a pandemic high of 16.3% in April 2020.
  • The state's unemployment level is currently below the national average.

FAQs

Q: What does this economic trend measure?

A: The 'Unemployment Rate - Washington' metric measures the seasonally adjusted percentage of the total labor force in the state of Washington that is jobless.

Q: Why is this trend relevant for users or analysts?

A: The Washington unemployment rate is a key indicator of the state's economic health and labor market conditions, providing important insights for policymakers, businesses, and individuals.

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: The Washington unemployment rate is used by economists, policymakers, and analysts to assess the state's economic performance and labor market dynamics, which informs policy decisions and market assessments.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical one-month delay, and may be subject to revisions as more information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Unemployment Rate - Washington (LRUN74TTJPM156S), retrieved from FRED.