Unemployed Persons in Hawaii
Monthly, Seasonally Adjusted
LASST150000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,344.00
Year-over-Year Change
-3.47%
Date Range
1/1/1976 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted series tracks the unemployment rate in the state of New Mexico on a monthly basis, providing a key indicator of the state's economic health and labor market conditions.
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 represents the seasonally adjusted unemployment rate in New Mexico, which removes the effects of predictable seasonal patterns to provide a clearer picture of underlying trends. Economists and policymakers closely monitor state-level unemployment data to understand regional economic performance and guide policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The New Mexico unemployment rate is a important metric used by the Federal Reserve, state government, and other institutions to assess the state's economy and labor market.
Key Facts
- New Mexico's unemployment rate was 4.9% as of the latest data.
- The state's unemployment rate has declined by 2 percentage points over the past year.
- New Mexico's jobless rate is slightly higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monthly, seasonally adjusted unemployment rate for the state of New Mexico.
Q: Why is this trend relevant for users or analysts?
A: The New Mexico unemployment rate is a key indicator of the state's economic performance and labor market conditions, providing important data for policymakers, businesses, and analysts.
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 New Mexico unemployment rate is used by the Federal Reserve, state government, and other institutions to assess the state's economy and labor market, informing policy decisions.
Q: Are there update delays or limitations?
A: The unemployment data is released on a monthly basis with a short lag, providing timely information on the state's economic conditions.
Related Trends
Chain-Type Quantity Index for Real GDP: Other Transportation and Support Activities (487-488, 492) in Hawaii
HIOTHTRANQGSP
Estimate of Median Household Income for Hawaii
MHIHI15000A052NCEN
State Tax Collections: T14 Pari-Mutuels Sales Tax for Hawaii
QTAXT14QTAXCAT3HINO
Commercial Carbon Dioxide Emissions, All Fuels for Hawaii
EMISSCO2TOTVCCTOHIA
All Employees: Trade, Transportation, and Utilities in Hawaii
SMU15000004000000001A
Estimate of People Age 0-17 in Poverty in Hawaii
PEU18HI15000A647NCEN
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST150000000000004), retrieved from FRED.