Insured Unemployment Rate in North Carolina
NCINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.48
Year-over-Year Change
-2.04%
Date Range
5/27/2006 - 7/19/2025
Summary
The Insured Unemployment Rate in North Carolina measures the percentage of the state's insured labor force that is unemployed and receiving unemployment insurance benefits. This metric is an important indicator of economic conditions and labor market trends.
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 tracks the share of the insured civilian labor force in North Carolina that is currently receiving unemployment insurance. It provides insight into the health of the state's job market and can help guide policy decisions.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of state workforce agencies.
Historical Context
The Insured Unemployment Rate is closely monitored by policymakers, economists, and businesses to assess the strength of the North Carolina economy.
Key Facts
- The Insured Unemployment Rate in North Carolina averaged 2.6% from 2000 to 2022.
- North Carolina's Insured Unemployment Rate peaked at 7.6% during the Great Recession in 2010.
- The Insured Unemployment Rate provides a more timely indicator of labor market conditions than the overall unemployment rate.
FAQs
Q: What does the Insured Unemployment Rate in North Carolina measure?
A: The Insured Unemployment Rate measures the percentage of the state's insured labor force that is currently unemployed and receiving unemployment insurance benefits.
Q: Why is the Insured Unemployment Rate relevant for users or analysts?
A: The Insured Unemployment Rate provides a timely indicator of the health of North Carolina's labor market and economic conditions, which is important for policymakers, businesses, and economists.
Q: How is the Insured Unemployment Rate data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of state workforce agencies.
Q: How is the Insured Unemployment Rate used in economic policy?
A: The Insured Unemployment Rate is closely monitored by policymakers, economists, and businesses to assess the strength of the North Carolina economy and inform policy decisions.
Q: Are there any update delays or limitations with the Insured Unemployment Rate data?
A: The Insured Unemployment Rate data is published monthly with a relatively short lag, providing timely information on labor market conditions in North Carolina.
Related Trends
Residential Carbon Dioxide Emissions, All Fuels for North Carolina
EMISSCO2TOTVRCTONCA
Gross Domestic Product: Computer Systems Design and Related Services (5415) in North Carolina
NCCPUSYSDSGNNGSP
All Employees: Social Assistance in North Carolina
SMU37000006562400001A
Mining Wages and Salaries in North Carolina
NCWMIN
Real Gross Domestic Product: Monetary Authorities-Central Bank, Credit Intermediation, and Related Services (521-522) in North Carolina
NCFRBCIRGSP
Personal Consumption Expenditures: Services: Transportation Services for North Carolina
NCPCETRANS
Citation
U.S. Federal Reserve, Insured Unemployment Rate in North Carolina (NCINSUREDUR), retrieved from FRED.