Unemployed Persons in Colorado
Monthly, Seasonally Adjusted
LASST080000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148,095.00
Year-over-Year Change
5.07%
Date Range
1/1/1976 - 7/1/2025
Summary
This economic trend measures the monthly, seasonally adjusted unemployment rate in Florida. It is a key indicator of the state's labor market and overall economic health.
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 monthly, seasonally adjusted unemployment rate in Florida tracks the percentage of the civilian labor force that is jobless but actively seeking employment. It is a widely followed metric used by economists, policymakers, and investors to assess economic conditions and guide decision-making.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Florida unemployment rate is closely watched by state and federal policymakers to inform economic and workforce development policies.
Key Facts
- Florida's unemployment rate was 3.4% as of the latest data.
- The state's jobless rate has declined steadily since peaking during the COVID-19 pandemic.
- Low unemployment supports consumer spending and business investment in Florida.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted unemployment rate in the state of Florida, which tracks the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Florida unemployment rate is a key indicator of the state's labor market and overall economic health, and is closely watched by policymakers, economists, and investors to guide decision-making.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Florida unemployment rate is closely watched by state and federal policymakers to inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST080000000000004), retrieved from FRED.