Business Applications with Planned Wages for Pennsylvania
Number
WBUSAPPWNSAPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
240.00
Year-over-Year Change
-17.24%
Date Range
6/10/2006 - 8/2/2025
Summary
The Number trend measures the total number of U.S. weekly unemployment insurance claims, a key real-time indicator of the labor market and broader economic conditions.
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 Number trend represents the volume of new unemployment insurance claims filed each week, providing a timely gauge of layoff activity and job market health. It is closely monitored by economists, policymakers, and investors to assess the state of the economy.
Methodology
The data is collected by the U.S. Department of Labor based on unemployment insurance claims filed with state workforce agencies.
Historical Context
This trend is used to inform monetary and fiscal policy decisions, as well as investment strategies.
Key Facts
- The Number trend reached a record high of 6.9 million in March 2020 during the COVID-19 pandemic.
- Weekly unemployment claims data is released every Thursday by the U.S. Department of Labor.
- The Number trend is a leading indicator of broader economic performance and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Number trend measures the total number of new unemployment insurance claims filed each week in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Number trend provides a real-time gauge of layoff activity and labor market conditions, which is crucial information for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor based on unemployment insurance claims filed with state workforce agencies.
Q: How is this trend used in economic policy?
A: The Number trend is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The Number data is released weekly, with a one-week lag, providing timely information on the labor market's health.
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Citation
U.S. Federal Reserve, Number (WBUSAPPWNSAPA), retrieved from FRED.