Unemployed Persons in Rhode Island
Monthly, Seasonally Adjusted
LASST440000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,073.00
Year-over-Year Change
7.39%
Date Range
1/1/1976 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted employment trend measures the number of nonfarm jobs in Iowa on a monthly basis, adjusted for seasonal variations. This metric is 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
The Monthly, Seasonally Adjusted employment trend provides a snapshot of the Iowa labor market by tracking the total number of nonfarm payroll jobs in the state. This data is seasonally adjusted to account for recurring fluctuations, enabling analysts to identify underlying employment patterns and trends.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this employment trend to assess the strength of Iowa's economy and guide decision-making.
Key Facts
- Iowa's nonfarm employment reached a record high of 1.6 million jobs in 2019.
- The state's unemployment rate was 3.1% as of January 2023, below the national average.
- Manufacturing is a key driver of Iowa's economy, accounting for over 200,000 jobs.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted employment trend measures the total number of nonfarm payroll jobs in the state of Iowa, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a crucial indicator of Iowa's economic health and labor market conditions, providing insights that inform policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this employment trend to assess the strength of Iowa's economy and guide decision-making related to workforce development, infrastructure investment, and economic growth strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LASST440000000000004), retrieved from FRED.