Unemployed Persons in Florida
LASST120000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
417,009.00
Year-over-Year Change
9.29%
Date Range
1/1/1976 - 7/1/2025
Summary
The 'Unemployed Persons in Florida' metric tracks the number of Florida residents actively seeking employment but unable to find work. This key labor market indicator provides insights into the state's economic conditions and employment trends.
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 data series from the U.S. Bureau of Labor Statistics measures the total number of Florida residents classified as unemployed according to the Current Population Survey. It is a valuable indicator of labor market dynamics and can inform policymakers and analysts about the health of the state's economy.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Trends in unemployed persons are closely monitored by economists, policymakers, and investors to gauge the overall strength of the Florida labor market and economy.
Key Facts
- Florida's unemployment rate was 3.2% as of the latest data.
- The number of unemployed persons in Florida has declined by 40% since the COVID-19 pandemic peak.
- Florida's unemployment rate remains below the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Unemployed Persons in Florida' metric tracks the total number of Florida residents who are jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: This data provides a critical gauge of Florida's labor market conditions and overall economic health, informing policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in unemployed persons in Florida are closely monitored by policymakers to assess the strength of the state's labor market and guide economic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short lag, providing timely insights into Florida's employment situation.
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Citation
U.S. Bureau of Labor Statistics, Unemployed Persons in Florida (LASST120000000000004), retrieved from FRED.