Insured Unemployment Rate in Connecticut
CTINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.86
Year-over-Year Change
39.85%
Date Range
6/17/2006 - 8/9/2025
Summary
The Insured Unemployment Rate in Connecticut measures the percentage of the state's insured labor force that is receiving unemployment insurance benefits. This metric provides insight into labor market conditions and economic trends within 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 Insured Unemployment Rate tracks the number of people in Connecticut who are eligible for and receiving unemployment insurance benefits as a proportion of the total insured labor force. It is an important economic indicator used by policymakers and analysts to assess the health of the state's job market.
Methodology
The data is collected by the U.S. Department of Labor through state-level unemployment insurance programs.
Historical Context
The Insured Unemployment Rate is closely monitored by state government agencies and the Federal Reserve to inform policy decisions and economic forecasting.
Key Facts
- Connecticut's insured unemployment rate peaked at 12.4% in April 2020 during the COVID-19 pandemic.
- The state's insured unemployment rate has steadily declined since mid-2020 as the economy has recovered.
- Insured unemployment data provides a more timely signal of labor market conditions compared to broader unemployment statistics.
FAQs
Q: What does the Insured Unemployment Rate in Connecticut measure?
A: The Insured Unemployment Rate tracks the percentage of Connecticut's insured labor force that is receiving unemployment insurance benefits.
Q: Why is this trend relevant for users or analysts?
A: The Insured Unemployment Rate is an important economic indicator that provides insight into the health of Connecticut's job market and informs policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor through state-level unemployment insurance programs.
Q: How is this trend used in economic policy?
A: The Insured Unemployment Rate is closely monitored by state government agencies and the Federal Reserve to inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The Insured Unemployment Rate data is published with a relatively short lag, providing a timely signal of labor market conditions.
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Citation
U.S. Federal Reserve, Insured Unemployment Rate in Connecticut (CTINSUREDUR), retrieved from FRED.