Unemployment Rate in North Carolina
Monthly, Not Seasonally Adjusted
NCURN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
2.56%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures the total number of new unemployment claims filed each month in the United States. This key indicator provides insights into the health of the labor market and broader economic 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
The 'Monthly, Not Seasonally Adjusted' unemployment claims data tracks the total number of initial jobless claims filed with state workforce agencies across the country. It is a closely watched metric that offers timely signals about employment dynamics and potential shifts in the economic outlook.
Methodology
The data is collected directly from state workforce agencies and compiled by the U.S. Department of Labor.
Historical Context
Policymakers and market analysts use this trend to assess the strength of the labor market and broader economic performance.
Key Facts
- New unemployment claims averaged over 200,000 per week in 2022.
- Unemployment claims spiked to a record high of 6.9 million in March 2020 due to the COVID-19 pandemic.
- The four-week moving average of new claims is a closely watched metric for identifying labor market trends.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend tracks the total number of new unemployment claims filed each month in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insights into the health of the labor market and broader economic conditions, making it a closely watched indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected directly from state workforce agencies and compiled by the U.S. Department of Labor.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the strength of the labor market and broader economic performance, which informs decision-making and policy actions.
Q: Are there update delays or limitations?
A: The data is released weekly, with a typical lag of a few days, and provides a near real-time snapshot of labor market dynamics.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (NCURN), retrieved from FRED.