Unemployment Rate in Louisiana
LAUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.50
Year-over-Year Change
7.14%
Date Range
1/1/1976 - 6/1/2025
Summary
The Unemployment Rate in Louisiana measures the percentage of the state's labor force that is jobless. This key economic indicator provides insights into the overall health and performance of Louisiana's labor market.
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 Unemployment Rate in Louisiana is a widely tracked economic statistic that reflects the proportion of the state's labor force actively seeking work but unable to find employment. It is an important measure of economic activity and is closely watched by policymakers, economists, and businesses.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Unemployment Rate in Louisiana is a critical input for economic analysis and policy decisions at the state and national levels.
Key Facts
- Louisiana's Unemployment Rate was 4.5% as of the latest data.
- The state's Unemployment Rate has fluctuated between 3.8% and 6.3% over the past 5 years.
- Unemployment levels in Louisiana tend to be higher than the national average.
FAQs
Q: What does the Unemployment Rate in Louisiana measure?
A: The Unemployment Rate in Louisiana measures the percentage of the state's labor force that is jobless and actively seeking employment.
Q: Why is the Unemployment Rate in Louisiana relevant for users or analysts?
A: The Unemployment Rate in Louisiana is a key economic indicator that provides insights into the overall health and performance of the state's labor market, which is crucial for policymakers, businesses, and individuals.
Q: How is the Unemployment Rate in Louisiana data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is the Unemployment Rate in Louisiana used in economic policy?
A: The Unemployment Rate in Louisiana is a critical input for economic analysis and policy decisions at the state and national levels, as it helps inform decisions related to employment, economic development, and workforce development initiatives.
Q: Are there any update delays or limitations for the Unemployment Rate in Louisiana data?
A: The Unemployment Rate in Louisiana data is published monthly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month delay between the reference period and the data release.
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Citation
U.S. Federal Reserve, Unemployment Rate in Louisiana (LAUR), retrieved from FRED.