All Marginally Attached Workers for Massachusetts
ALLMARGATMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,000.00
Year-over-Year Change
-21.91%
Date Range
10/1/2003 - 7/1/2024
Summary
The 'All Marginally Attached Workers for Massachusetts' measures the number of people in Massachusetts who are marginally attached to the labor force. This metric is important for economists and policymakers to understand labor force participation and underemployment.
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' statistic includes individuals in Massachusetts who are not in the labor force, but want and are available for work, and have looked for a job sometime in the recent past. This data provides insight into labor market slack and the potential labor supply.
Methodology
This data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to gauge the health of the Massachusetts labor market and identify opportunities for improving employment outcomes.
Key Facts
- The data is reported on a monthly basis.
- Marginally attached workers are a subset of the 'not in labor force' category.
- This metric provides insight into potential labor supply in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: The 'All Marginally Attached Workers for Massachusetts' measures the number of people in Massachusetts who are marginally attached to the labor force, meaning they want and are available for work, but have not actively searched for a job in the recent past.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding labor force participation and potential labor supply in Massachusetts, which can inform economic and policy decisions.
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 analysts use this metric to gauge the health of the Massachusetts labor market and identify opportunities for improving employment outcomes.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with typical release delays of around one month.
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Citation
U.S. Federal Reserve, All Marginally Attached Workers for Massachusetts (ALLMARGATMA), retrieved from FRED.