Not in Labor Force: Discouraged Workers for Nebraska
DISCWORKNE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
800.00
Year-over-Year Change
-33.33%
Date Range
10/1/2003 - 7/1/2024
Summary
The 'Not in Labor Force: Discouraged Workers for Nebraska' economic trend measures the number of people in Nebraska who have stopped looking for work due to discouragement about their job prospects.
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
This measure provides insight into the labor market conditions and the state of the economy in Nebraska. Discouraged workers are an important consideration for policymakers and analysts when evaluating the true health of the labor force.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to assess the broader labor market and economic conditions in Nebraska by economists, policymakers, and investors.
Key Facts
- Nebraska has seen a decrease in discouraged workers since 2020.
- Discouraged workers are not included in the official unemployment rate.
- The number of discouraged workers can indicate the strength of the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people in Nebraska who have stopped looking for work due to discouragement about their job prospects.
Q: Why is this trend relevant for users or analysts?
A: Discouraged workers are an important consideration for understanding the true health of the labor force and broader economic conditions in Nebraska.
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 by economists, policymakers, and investors to assess the broader labor market and economic conditions in Nebraska.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Labor Statistics, but may be subject to revision or delays in reporting.
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Citation
U.S. Federal Reserve, Not in Labor Force: Discouraged Workers for Nebraska (DISCWORKNE), retrieved from FRED.