Unemployment Rate in Ohio
Monthly, Not Seasonally Adjusted
OHURN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.10
Year-over-Year Change
8.51%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' series measures the number of people filing for unemployment insurance benefits in the United States. This data provides insights into the health of the labor market and is closely monitored by economists and policymakers.
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 insurance claims series tracks the number of individuals who have filed for unemployment benefits with state workforce agencies. This metric is a key indicator of the overall labor market conditions and can inform economic policy decisions.
Methodology
The data is collected by the U.S. Department of Labor from state unemployment insurance programs.
Historical Context
Unemployment claims data is used by the Federal Reserve, government agencies, and private analysts to assess the strength of the economy and guide policy responses.
Key Facts
- The series has been tracked since 1967.
- Unemployment claims typically rise during economic downturns.
- Declining claims can signal an improving labor market.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' series tracks the number of people filing for unemployment insurance benefits in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health of the labor market and is closely monitored by economists and policymakers to assess economic conditions and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor from state unemployment insurance programs.
Q: How is this trend used in economic policy?
A: Unemployment claims data is used by the Federal Reserve, government agencies, and private analysts to assess the strength of the economy and inform policy responses.
Q: Are there update delays or limitations?
A: The data is released weekly by the U.S. Department of Labor and is subject to potential revisions.
Related Trends
Dividends, Interest and Rent in Ohio
OHODIV
Real Gross Domestic Product: Management of Companies and Enterprises (55) in Ohio
OHMNGCOENTPRRGSP
Administrative and Waste Services Earnings in Ohio
OHEADM
Real Gross Domestic Product: Apparel, Leather, and Allied Product Manufacturing (315-316) in Ohio
OHAPPLEATHMANRGSP
Per Capita Personal Consumption Expenditures: Nondurable Goods: Food and Beverages Purchased for Off-Premises Consumption for Ohio
OHPCEPCFOOD
Business Applications from Corporations: Total for All NAICS in Ohio
BACBATOTALSAOH
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (OHURN), retrieved from FRED.