Insured Unemployment Rate in Nebraska
NEINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.61
Year-over-Year Change
22.00%
Date Range
5/27/2006 - 7/19/2025
Summary
The Insured Unemployment Rate in Nebraska measures the proportion of the state's labor force receiving unemployment insurance benefits. This metric provides insight into the health of the local job market and the economic conditions faced by workers.
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 number of Nebraskans receiving unemployment insurance as a percentage of the total insured workforce. It serves as an important leading indicator of broader labor market trends and can inform policy decisions aimed at supporting employment and economic stability.
Methodology
The data is collected and reported by the U.S. Department of Labor based on state-level claims for unemployment insurance benefits.
Historical Context
Policymakers and economists monitor this rate to assess the strength of the regional economy and identify potential areas in need of intervention or additional support.
Key Facts
- The insured unemployment rate in Nebraska averaged 1.3% in 2022.
- Nebraska's insured unemployment rate peaked at 5.7% during the COVID-19 pandemic in 2020.
- The state's insured unemployment rate has remained below the national average for the past decade.
FAQs
Q: What does this economic trend measure?
A: The Insured Unemployment Rate in Nebraska measures the percentage of the state's insured labor force that is currently receiving unemployment insurance benefits.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health of Nebraska's job market and the economic conditions faced by workers, which can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Labor based on state-level claims for unemployment insurance benefits.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Insured Unemployment Rate in Nebraska to assess the strength of the regional economy and identify potential areas in need of intervention or additional support.
Q: Are there update delays or limitations?
A: The Insured Unemployment Rate data is typically released on a monthly basis with a short delay, providing timely insights into the state's labor market conditions.
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Citation
U.S. Federal Reserve, Insured Unemployment Rate in Nebraska (NEINSUREDUR), retrieved from FRED.