Initial Claims in Montana
MTICLAIMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
380.00
Year-over-Year Change
-13.83%
Date Range
6/17/2006 - 8/9/2025
Summary
The Initial Claims series tracks the number of people in Montana who have filed for unemployment insurance for the first time. This metric is an important real-time indicator of the state's economic health and labor market conditions.
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
Initial Claims data measures the number of new jobless claims filed by individuals seeking unemployment benefits in Montana. This early indicator helps economists and policymakers assess current trends in the state's labor force and identify potential economic shocks or disruptions.
Methodology
The data is collected from state workforce agencies and compiled by the U.S. Department of Labor.
Historical Context
Initial Claims figures are closely monitored by the Federal Reserve and state governments to inform policy decisions.
Key Facts
- Initial Claims are a leading economic indicator.
- New jobless claims data is released weekly.
- Montana's Initial Claims reached a record high in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Initial Claims series tracks the number of people in Montana who have filed for unemployment insurance for the first time.
Q: Why is this trend relevant for users or analysts?
A: Initial Claims data is an important real-time indicator of the state's economic health and labor market conditions, helping economists and policymakers assess current trends.
Q: How is this data collected or calculated?
A: The data is collected from state workforce agencies and compiled by the U.S. Department of Labor.
Q: How is this trend used in economic policy?
A: Initial Claims figures are closely monitored by the Federal Reserve and state governments to inform policy decisions.
Q: Are there update delays or limitations?
A: New jobless claims data is released weekly, with minimal delays.
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Citation
U.S. Federal Reserve, Initial Claims in Montana (MTICLAIMS), retrieved from FRED.