Job Losers and Persons Who Completed Temporary Jobs, as a Percent of the Civilian Labor Force for Arizona
U2UNEM2AZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
-60.53%
Date Range
10/1/2003 - 7/1/2024
Summary
This economic trend measures the percentage of the civilian labor force in Arizona that consists of job losers and persons who have completed temporary jobs. It provides insight into the state's labor market dynamics and unemployment levels.
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 Job Losers and Persons Who Completed Temporary Jobs as a Percent of the Civilian Labor Force is an important labor market indicator that helps economists and policymakers assess the health and stability of the Arizona workforce. It tracks individuals who have recently lost their jobs or completed temporary employment.
Methodology
This data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic policy decisions and market analysis related to employment and unemployment in Arizona.
Key Facts
- Arizona's job losers and temporary workers comprised 3.4% of the civilian labor force in January 2023.
- This trend reached a high of 17.3% during the COVID-19 pandemic in April 2020.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian labor force in Arizona that consists of job losers and persons who have completed temporary jobs.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market dynamics and unemployment levels in Arizona, which is valuable information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic policy decisions and market analysis related to employment and unemployment in Arizona.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Job Losers and Persons Who Completed Temporary Jobs, as a Percent of the Civilian Labor Force for Arizona (U2UNEM2AZ), retrieved from FRED.