All Employees: Government: State Government in Illinois
Seasonally Adjusted
SMS17000009092000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.00
Year-over-Year Change
1.45%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted unemployment rate measures the share of the U.S. civilian labor force that is jobless. This key economic indicator provides insights into the health of the labor market and is closely watched by 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 Seasonally Adjusted unemployment rate tracks the percentage of the labor force that is without a job and actively seeking employment. It is a crucial metric for understanding economic conditions and informing policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a leading indicator used to assess the strength of the economy and guide fiscal and monetary policy.
Key Facts
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The rate has declined steadily since the pandemic peak, reaching 3.5% as of December 2022.
- Long-term unemployment remains elevated compared to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted unemployment rate measures the percentage of the U.S. civilian labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the labor market and the broader economy, providing insights that inform economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a leading indicator used by policymakers, economists, and market analysts to assess economic conditions and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a short lag, typically around two weeks after the end of the reference period.
Related Trends
Total Unemployed Plus Discouraged Workers, as a Percent of the Civilian Labor Force Plus Discouraged Workers for Illinois
U4UNEM4IL
All Employees: Financial Activities: Rental and Leasing Services in Illinois
SMU17000005553200001SA
Average Weekly Hours of Production Employees: Education and Health Services: Private Education and Health Services in Illinois
SMU17000006500000007
Transportation Carbon Dioxide Emissions, Residential for Illinois
EMISSCO2VCLACBILA
Regional Price Parities: Goods for Illinois
ILRPPGOOD
All Employees: Retail Trade: Food and Beverage Stores in Illinois
SMU17000004244500001A
Citation
U.S. Federal Reserve, Seasonally Adjusted (SMS17000009092000001), retrieved from FRED.