Initial Claims in Idaho
IDICLAIMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
866.00
Year-over-Year Change
-10.17%
Date Range
6/17/2006 - 8/9/2025
Summary
Initial Claims in Idaho measures the number of people who filed for unemployment benefits in the state. It is a key economic indicator that signals changes in the labor market and overall 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 Initial Claims in Idaho data series tracks the number of people who have filed initial claims for unemployment insurance benefits in the state of Idaho. This metric provides insights into the health of the state's labor market and broader economic performance.
Methodology
The data is collected by the U.S. Department of Labor from state workforce agencies.
Historical Context
Policymakers and economists closely monitor this indicator to assess the strength of the Idaho economy and guide decision-making.
Key Facts
- Idaho's initial claims reached a peak during the COVID-19 pandemic in 2020.
- Initial claims data helps policymakers monitor the economic health of Idaho.
- The number of initial claims is a leading indicator of the state's employment situation.
FAQs
Q: What does this economic trend measure?
A: The Initial Claims in Idaho data series tracks the number of people who have filed initial claims for unemployment insurance benefits in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health of Idaho's labor market and broader economic performance, making it a closely watched indicator by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor from state workforce agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the strength of the Idaho economy and guide decision-making.
Q: Are there update delays or limitations?
A: The Initial Claims in Idaho data is released weekly by the U.S. Department of Labor, providing timely information on the state's labor market conditions.
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Citation
U.S. Federal Reserve, Initial Claims in Idaho (IDICLAIMS), retrieved from FRED.