Unemployed Persons in Massachusetts
Monthly, Not Seasonally Adjusted
LAUST250000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
190,531.00
Year-over-Year Change
15.19%
Date Range
1/1/1976 - 6/1/2025
Summary
This economic trend measures the monthly unemployment rate in the United States. It provides important insights into the health of the labor market and the overall economy.
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 monthly, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. This key economic indicator is closely monitored by policymakers, analysts, and businesses to assess current economic conditions and inform decision-making.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, before the COVID-19 pandemic.
- The unemployment rate peaked at 14.7% in April 2020 due to the economic impact of the pandemic.
- The labor force participation rate was 62.4% in February 2023.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health of the labor market and the overall economy, and it is closely monitored by policymakers, economists, and businesses.
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 key input for monetary and fiscal policy decisions, as it helps policymakers assess the current state of the economy and make informed decisions.
Q: Are there update delays or limitations?
A: The monthly, not seasonally adjusted unemployment rate is released by the U.S. Bureau of Labor Statistics on a regular schedule, with no significant update delays.
Related Trends
Wholesale Trade Wages and Salaries in Massachusetts
MAWWHO
Electric Power Carbon Dioxide Emissions, Coal for Massachusetts
EMISSCO2TOTVECCOMAA
Per Capita Personal Consumption Expenditures: Goods for Massachusetts
MAPCEPCG
Commercial Carbon Dioxide Emissions, Distillate Fuel for Massachusetts
EMISSCO2VDFCCBMAA
All Employees: Professional and Business Services: Management of Companies and Enterprises in Massachusetts
SMS25000006055000001
All Employees: Education and Health Services: Offices of Physicians in Massachusetts
SMU25000006562110001
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAUST250000000000004), retrieved from FRED.