All Marginally Attached Workers for Indiana
ALLMARGATIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,500.00
Year-over-Year Change
40.87%
Date Range
10/1/2003 - 7/1/2024
Summary
The 'All Marginally Attached Workers for Indiana' series measures the number of people in Indiana who are not in the labor force but indicate that they want a job, are available for work, and have looked for a job sometime in the recent past. This metric provides insight into labor market participation and underemployment in the state.
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 all marginally attached workers metric includes those who have looked for work in the last 12 months but are not currently counted as unemployed because they have not searched in the last 4 weeks. This measure offers a broader view of labor market conditions beyond the official unemployment rate.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to assess the strength of the labor market and identify potential underutilized labor capacity.
Key Facts
- Indiana had over 88,000 marginally attached workers in 2022.
- The marginally attached worker rate in Indiana is higher than the national average.
- Marginally attached workers are not counted in the official unemployment rate.
FAQs
Q: What does this economic trend measure?
A: The 'All Marginally Attached Workers for Indiana' series measures the number of people in Indiana who want a job and are available to work, but are not currently counted as unemployed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a broader view of labor market conditions beyond the official unemployment rate, offering insights into underemployment and labor force participation in Indiana.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the strength of the labor market and identify potential underutilized labor capacity in Indiana.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and limitations as the broader Current Population Survey.
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Citation
U.S. Federal Reserve, All Marginally Attached Workers for Indiana (ALLMARGATIN), retrieved from FRED.