Covered Employment in Massachusetts
MACEMPLOY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,596,961.00
Year-over-Year Change
-0.02%
Date Range
6/3/2006 - 7/26/2025
Summary
The Covered Employment in Massachusetts trend measures the total number of employees covered by the state's unemployment insurance program. This metric provides valuable insights into the overall employment and economic conditions in Massachusetts.
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
Covered employment data represents individuals employed in jobs that are subject to state unemployment insurance laws. It is a key indicator of labor market activity and the health of the Massachusetts economy.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of employers.
Historical Context
Covered employment is used by policymakers, economists, and businesses to assess economic performance and inform decision-making.
Key Facts
- Massachusetts has over 3.6 million covered employees as of the latest data.
- Covered employment increased by 2.5% year-over-year in the most recent period.
- The construction sector accounts for the largest share of covered employment in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: The Covered Employment in Massachusetts trend measures the total number of employees covered by the state's unemployment insurance program.
Q: Why is this trend relevant for users or analysts?
A: Covered employment data provides valuable insights into the overall labor market and economic conditions in Massachusetts, making it a key indicator for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of employers.
Q: How is this trend used in economic policy?
A: Covered employment data is used by policymakers, economists, and businesses to assess economic performance and inform decision-making.
Q: Are there update delays or limitations?
A: The data is released on a regular basis with minimal delays, providing timely insights into the Massachusetts labor market.
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Citation
U.S. Federal Reserve, Covered Employment in Massachusetts (MACEMPLOY), retrieved from FRED.