Pandemic Unemployment Assistance Continued Claims in Alabama
PUACCAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
3/28/2020 - 10/22/2022
Summary
The Pandemic Unemployment Assistance Continued Claims in Alabama metric tracks the number of workers in Alabama who are receiving extended unemployment benefits due to the COVID-19 pandemic.
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
This data series measures the ongoing claims for Pandemic Unemployment Assistance (PUA) benefits in the state of Alabama. PUA provides unemployment compensation to individuals who do not qualify for regular state unemployment benefits, such as self-employed and gig workers.
Methodology
The data is collected and reported by the Alabama Department of Labor.
Historical Context
Policymakers use this metric to assess the economic impact of the pandemic and the effectiveness of relief programs.
Key Facts
- PUA provides benefits to self-employed and gig workers.
- Continued claims indicate ongoing need for assistance.
- Alabama data is part of a national PUA claims dataset.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of workers in Alabama receiving extended Pandemic Unemployment Assistance (PUA) benefits due to the COVID-19 pandemic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the ongoing economic impact of the pandemic and the utilization of relief programs in Alabama.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Alabama Department of Labor.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess the effectiveness of pandemic relief efforts and the continued need for assistance in Alabama.
Q: Are there update delays or limitations?
A: The data may be subject to revision and there may be reporting lags due to the real-time nature of the information.
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Citation
U.S. Federal Reserve, Pandemic Unemployment Assistance Continued Claims in Alabama (PUACCAL), retrieved from FRED.