Unemployed Persons in Massachusetts
Monthly, Seasonally Adjusted
LASST250000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
191,568.00
Year-over-Year Change
21.71%
Date Range
1/1/1976 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the unemployment rate for Louisiana, providing a key economic indicator for policymakers and analysts.
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 monthly unemployment rate statistic is a crucial metric for understanding the health of Louisiana's labor market. It is widely used by economists, government agencies, and businesses to assess economic conditions and inform policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Louisiana unemployment rate is monitored closely by the Federal Reserve and state policymakers to guide monetary and fiscal policies.
Key Facts
- Louisiana's unemployment rate was 3.9% as of the latest data.
- The state's unemployment rate has declined steadily from a pandemic high of 13.6%.
- Louisiana's jobless rate is slightly above the national average of 3.7%.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series tracks the unemployment rate for the state of Louisiana, providing a timely snapshot of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The Louisiana unemployment rate is a key indicator used by policymakers, businesses, and economists to assess the health of the state's economy and labor market.
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 Louisiana unemployment rate is closely monitored by the Federal Reserve and state policymakers to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 1-2 months.
Related Trends
Imports of Goods for Massachusetts
IMPTOTMA
All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Massachusetts
SMU25000003133500001SA
Residential Carbon Dioxide Emissions, Coal for Massachusetts
EMISSCO2TOTVRCCOMAA
Real Gross Domestic Product: Monetary Authorities-Central Bank, Credit Intermediation, and Related Services (521-522) in Massachusetts
MAFRBCIRGSP
All Employees: Social Assistance in Massachusetts
SMU25000006562400001A
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in Massachusetts
MAGOVQQGSP
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST250000000000004), retrieved from FRED.