Insured Unemployment Rate in Massachusetts
MAINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.18
Year-over-Year Change
14.14%
Date Range
6/17/2006 - 8/9/2025
Summary
The Insured Unemployment Rate in Massachusetts measures the percentage of the state's insured labor force that is currently unemployed and receiving unemployment insurance benefits. This metric provides insight into the health of the state's labor market and is closely monitored by economists and policymakers.
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 Insured Unemployment Rate represents the ratio of insured unemployed workers in Massachusetts to the total number of individuals in the state's insured labor force. It is a narrower measure of unemployment compared to the overall state unemployment rate, as it only includes those receiving unemployment insurance benefits.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics using state-level administrative records.
Historical Context
The Insured Unemployment Rate is a key indicator used by the Federal Reserve and other policymakers to assess economic conditions and guide monetary and fiscal policies.
Key Facts
- The Insured Unemployment Rate in Massachusetts is reported monthly.
- The rate reached a peak of 17.1% in April 2020 during the COVID-19 pandemic.
- Massachusetts generally has a lower Insured Unemployment Rate than the national average.
FAQs
Q: What does this economic trend measure?
A: The Insured Unemployment Rate in Massachusetts measures the percentage of the state's insured labor force that is currently unemployed and receiving unemployment insurance benefits.
Q: Why is this trend relevant for users or analysts?
A: The Insured Unemployment Rate provides important insights into the health of the state's labor market and is closely monitored by economists and policymakers to assess economic conditions and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics using state-level administrative records.
Q: How is this trend used in economic policy?
A: The Insured Unemployment Rate is a key indicator used by the Federal Reserve and other policymakers to assess economic conditions and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Insured Unemployment Rate in Massachusetts is reported monthly, with no significant update delays.
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Citation
U.S. Federal Reserve, Insured Unemployment Rate in Massachusetts (MAINSUREDUR), retrieved from FRED.