Employed Involuntary Part-Time for Mississippi
INVOLPTEMPMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,800.00
Year-over-Year Change
-38.21%
Date Range
10/1/2003 - 7/1/2024
Summary
The 'Employed Involuntary Part-Time for Mississippi' series measures the number of workers in Mississippi who are employed part-time due to economic reasons, such as slack work or unfavorable business conditions. This metric provides insight into underemployment and labor market dynamics 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
This series tracks Mississippi residents who are working part-time jobs but would prefer full-time employment. It is an important indicator of economic conditions and labor force utilization within the state.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this metric to assess labor market health and the degree of underemployment in Mississippi.
Key Facts
- Mississippi's involuntary part-time employment rate reached a high of 8.2% in 2020.
- Involuntary part-time work tends to rise during economic downturns.
- Reducing involuntary part-time employment is a key policy goal for improving labor market outcomes.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of workers in Mississippi who are employed part-time due to economic reasons, such as slack work or unfavorable business conditions.
Q: Why is this trend relevant for users or analysts?
A: Involuntary part-time employment is an important indicator of labor market health and underemployment within the state of Mississippi.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess labor market conditions and the degree of underemployment in Mississippi, which can inform economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Employed Involuntary Part-Time for Mississippi (INVOLPTEMPMS), retrieved from FRED.