Unemployed Persons in Arizona
Monthly, Seasonally Adjusted
LASST040000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155,969.00
Year-over-Year Change
18.76%
Date Range
1/1/1976 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted employment trend measures the total number of nonfarm jobs in the state of Alabama on a monthly basis, adjusted for seasonal variations.
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 trend provides a comprehensive view of the Alabama labor market, tracking monthly changes in employment across all major sectors of the state's economy. It is a key indicator used by economists, policymakers, and businesses to assess economic conditions and make informed decisions.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to gauge the overall health of the Alabama economy and inform economic and workforce development strategies.
Key Facts
- Alabama has a diverse economy with a mix of manufacturing, technology, and service industries.
- Employment levels in Alabama have been impacted by the COVID-19 pandemic but have shown steady recovery.
- The state's unemployment rate is a key metric used by policymakers to assess economic performance.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted employment trend measures the total number of nonfarm jobs in the state of Alabama on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator of the overall health of the Alabama economy and is closely monitored by policymakers, economists, and businesses to inform decision-making and policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to gauge the overall health of the Alabama economy and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical one-month delay.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST040000000000004), retrieved from FRED.