Pandemic Unemployment Assistance Continued Claims in Mississippi
PUACCMS • 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 Mississippi measures the number of people in Mississippi receiving unemployment benefits through the Pandemic Unemployment Assistance (PUA) program. This data provides insight into the economic impact of the COVID-19 pandemic on the state's workforce.
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 PUA program was created as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide unemployment benefits to workers not traditionally eligible for standard unemployment insurance, such as self-employed individuals and gig workers. Tracking continued PUA claims in Mississippi helps policymakers assess the ongoing effects of the pandemic on the state's economy.
Methodology
The data is collected and reported by the U.S. Department of Labor.
Historical Context
This trend is used by economists, policymakers, and analysts to gauge the economic recovery and guide policy decisions in Mississippi.
Key Facts
- PUA provides benefits to self-employed, gig workers, and others not eligible for regular unemployment insurance.
- Mississippi's PUA continued claims peaked in May 2020 at over 180,000.
- PUA claims in Mississippi have declined steadily since the initial pandemic peak.
FAQs
Q: What does this economic trend measure?
A: The Pandemic Unemployment Assistance Continued Claims in Mississippi measures the number of people in the state receiving unemployment benefits through the PUA program, which provides aid to workers not traditionally eligible for standard unemployment insurance.
Q: Why is this trend relevant for users or analysts?
A: Tracking PUA continued claims in Mississippi provides insight into the ongoing economic impact of the COVID-19 pandemic on the state's workforce and helps guide policy decisions for supporting affected workers and the broader economic recovery.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Labor.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts use this trend to assess the state of Mississippi's economy and the effectiveness of pandemic-related relief programs in supporting affected workers.
Q: Are there update delays or limitations?
A: The data is reported on a weekly basis, but there may be some delay in reporting and publication.
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Citation
U.S. Federal Reserve, Pandemic Unemployment Assistance Continued Claims in Mississippi (PUACCMS), retrieved from FRED.