Pandemic Unemployment Assistance Continued Claims in Puerto Rico
PUACCPR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
204.00
Year-over-Year Change
-13.56%
Date Range
3/28/2020 - 10/22/2022
Summary
The Pandemic Unemployment Assistance Continued Claims in Puerto Rico tracks the number of individuals in Puerto Rico receiving ongoing unemployment benefits related to the COVID-19 pandemic. This metric is closely monitored by economists and policymakers to assess the economic recovery and need for continued relief efforts.
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 Pandemic Unemployment Assistance (PUA) program provides unemployment benefits to individuals who are not eligible for regular state unemployment insurance, such as self-employed and gig workers. The continued claims figure represents the number of PUA recipients in Puerto Rico who are still receiving weekly benefits.
Methodology
The data is collected and reported weekly by the U.S. Department of Labor.
Historical Context
Tracking PUA continued claims in Puerto Rico is crucial for understanding the labor market impacts of the pandemic and informing policy decisions around economic stimulus and support programs.
Key Facts
- PUA provides benefits to self-employed and gig workers.
- Puerto Rico's PUA continued claims peaked in mid-2020.
- Tracking PUA claims is crucial for assessing economic recovery.
FAQs
Q: What does this economic trend measure?
A: The Pandemic Unemployment Assistance Continued Claims in Puerto Rico tracks the number of individuals in Puerto Rico receiving ongoing unemployment benefits related to the COVID-19 pandemic.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by economists and policymakers to assess the economic recovery and need for continued relief efforts in Puerto Rico.
Q: How is this data collected or calculated?
A: The data is collected and reported weekly by the U.S. Department of Labor.
Q: How is this trend used in economic policy?
A: Tracking PUA continued claims in Puerto Rico is crucial for understanding the labor market impacts of the pandemic and informing policy decisions around economic stimulus and support programs.
Q: Are there update delays or limitations?
A: The PUA continued claims data is reported weekly, with minimal update delays.
Related Trends
Continued Claims (Insured Unemployment) in Puerto Rico
PRICCLAIMS
Insured Unemployment Rate
IURSA
4-Week Moving Average of Continued Claims (Insured Unemployment)
CC4WSA
Continued Claims (Insured Unemployment) in the U.S. Virgin Islands
VIRCCLAIMS
Pandemic Unemployment Assistance Continued Claims in the U.S. Virgin Islands
PUACCVI
Insured Unemployment Rate in Puerto Rico
PRIINSUREDUR
Citation
U.S. Federal Reserve, Pandemic Unemployment Assistance Continued Claims in Puerto Rico (PUACCPR), retrieved from FRED.