Covered Employment in Nebraska
NECEMPLOY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,001,283.00
Year-over-Year Change
0.21%
Date Range
6/3/2006 - 7/26/2025
Summary
Covered Employment in Nebraska measures the total number of employees covered by the state's unemployment insurance program. It provides valuable insights into the health and dynamics of Nebraska's labor market.
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 in Nebraska is an important economic indicator that tracks the total number of employees covered by the state's unemployment insurance program. It serves as a proxy for overall employment levels and is widely used by economists and policymakers to assess the strength of the state's labor market.
Methodology
The data is collected and reported by the Nebraska Department of Labor.
Historical Context
Trends in Covered Employment in Nebraska are closely monitored by state and federal policymakers to inform economic and workforce development strategies.
Key Facts
- Nebraska's Covered Employment reached a record high of over 1.1 million in 2019.
- The COVID-19 pandemic led to a significant decline in Covered Employment in Nebraska in 2020.
- Covered Employment data is used to calculate the state's unemployment rate and analyze trends in job growth.
FAQs
Q: What does this economic trend measure?
A: Covered Employment in Nebraska measures the total number of employees covered by the state's unemployment insurance program, providing insights into overall employment levels.
Q: Why is this trend relevant for users or analysts?
A: Covered Employment data is crucial for understanding the strength and dynamics of Nebraska's labor market, informing economic and workforce development strategies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Nebraska Department of Labor.
Q: How is this trend used in economic policy?
A: Trends in Covered Employment in Nebraska are closely monitored by state and federal policymakers to inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The Covered Employment data is published on a monthly basis, with occasional revisions to account for changes in reporting.
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Citation
U.S. Federal Reserve, Covered Employment in Nebraska (NECEMPLOY), retrieved from FRED.