Unemployed Persons in Missouri
LAUST290000000000004A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114,296.00
Year-over-Year Change
-46.44%
Date Range
1/1/1976 - 1/1/2024
Summary
The Unemployed Persons in Missouri metric tracks the number of individuals in the state who are jobless and actively seeking work. This data point is crucial for monitoring labor market trends and informing economic policy decisions.
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 Unemployed Persons in Missouri statistic represents the total number of people within the state's labor force who are without a job but are available for and actively seeking employment. This measure is widely used by economists, policymakers, and analysts to assess the health of the regional job market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric informs discussions around employment, workforce development, and fiscal/monetary policy in Missouri.
Key Facts
- The number of unemployed persons in Missouri was 166,000 as of the latest data.
- Missouri's unemployment rate was 4.4% in the most recent period.
- Unemployment in Missouri has decreased by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Unemployed Persons in Missouri metric tracks the total number of individuals within the state's labor force who are jobless but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This data point is crucial for monitoring the health of Missouri's labor market and informing economic and workforce development policies.
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 Unemployed Persons in Missouri metric is used by policymakers, economists, and analysts to assess employment conditions and guide discussions around fiscal, monetary, and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
Related Trends
Real Gross Domestic Product: Private Industries in Missouri
MOPIRQGSP
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Missouri
MOPCEGONPI
Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in Missouri
MORERENTLEAQGSP
Real Gross Domestic Product: Private Goods-Producing Industries in Missouri
MOPRIGOODPRORGSP
State Unemployment Benefits in Missouri
MOOBEN
Chain-Type Quantity Index for Real GDP: Electrical Equipment, Appliance, and Component Manufacturing (335) in Missouri
MOELCEQAPMANQGSP
Citation
U.S. Federal Reserve, Unemployed Persons in Missouri (LAUST290000000000004A), retrieved from FRED.