Insured Unemployment Rate in Idaho
IDINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
1.59%
Date Range
6/17/2006 - 8/9/2025
Summary
The Insured Unemployment Rate in Idaho measures the percentage of the state's labor force receiving unemployment insurance benefits. This statistic is a key indicator of economic conditions and labor market 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 Idaho who are eligible for and currently receiving unemployment insurance payments as a proportion of the total insured labor force. It provides insight into the health of the state's economy and employment landscape.
Methodology
The data is collected by the U.S. Department of Labor from state workforce agencies.
Historical Context
Policymakers and economists use this metric to gauge the strength of Idaho's labor market and evaluate the need for interventions or policy changes.
Key Facts
- Idaho's insured unemployment rate was 1.5% in December 2022.
- The rate has declined from a pandemic high of 10.3% in April 2020.
- Insured unemployment is lower than the national rate, indicating Idaho's relatively strong labor market.
FAQs
Q: What does the Insured Unemployment Rate in Idaho measure?
A: The Insured Unemployment Rate tracks the percentage of Idaho's labor force currently receiving unemployment insurance benefits.
Q: Why is this trend relevant for users or analysts?
A: The insured unemployment rate provides insight into the health of Idaho's labor market and broader economic conditions within the state.
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 the insured unemployment rate to evaluate the need for interventions or policy changes in Idaho's labor market.
Q: Are there update delays or limitations?
A: The insured unemployment data is released monthly with minimal delays, providing timely insights into Idaho's employment trends.
Related Trends
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IDARTETRTACCFDQGSP
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IDNMPRPPGOOD
Real Gross Domestic Product: Ambulatory Health Care Services (621) in Idaho
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Total Unemployed Plus Discouraged Workers, as a Percent of the Civilian Labor Force Plus Discouraged Workers for Idaho
U4UNEM4ID
Covered Employment in Idaho
IDCEMPLOY
Business Applications: Total for All NAICS in Idaho
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Citation
U.S. Federal Reserve, Insured Unemployment Rate in Idaho (IDINSUREDUR), retrieved from FRED.