Job Losers and Persons Who Completed Temporary Jobs, as a Percent of the Civilian Labor Force for Delaware
U2UNEM2DE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
-54.05%
Date Range
10/1/2003 - 7/1/2024
Summary
This economic trend measures the percentage of the civilian labor force in Delaware who have lost their jobs or completed temporary positions. It provides insight into the state's labor market dynamics and labor force utilization.
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 indicator tracks individuals who have recently experienced job loss or the conclusion of temporary employment in Delaware. This metric is used by economists and policymakers to assess labor market conditions and the overall health of the state's economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator helps inform economic and workforce development policies in Delaware.
Key Facts
- Delaware's job losers and temporary job completers were 3.3% of the civilian labor force in 2022.
- This indicator reached a high of 8.4% during the COVID-19 pandemic in 2020.
- The long-term average for this metric in Delaware is around 4.5%.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of Delaware's civilian labor force that has recently experienced job loss or the completion of temporary employment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and dynamics of Delaware's labor market, which is crucial for economic and workforce development policymaking.
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: The Job Losers and Persons Who Completed Temporary Jobs indicator helps inform economic and workforce development policies in Delaware.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis, with a slight delay for data collection and processing.
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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 Delaware (U2UNEM2DE), retrieved from FRED.