Unemployed Persons in Rhode Island
Monthly, Not Seasonally Adjusted
LAUST440000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,648.00
Year-over-Year Change
-1.52%
Date Range
1/1/1976 - 7/1/2025
Summary
This trend measures the monthly, not seasonally adjusted unemployment rate in Hawaii. It provides insight into the state's labor market conditions and is a key indicator used by economists and policymakers.
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, not seasonally adjusted unemployment rate in Hawaii tracks the percentage of the state's labor force that is without work but actively seeking employment. This metric is important for understanding Hawaii's economic health and identifying potential labor market trends.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is widely used by economists, policymakers, and market analysts to assess the strength of Hawaii's economy.
Key Facts
- Hawaii's unemployment rate averaged 3.9% in 2022.
- The rate peaked at 22.4% during the COVID-19 pandemic in 2020.
- Unemployment in Hawaii is typically lower than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, not seasonally adjusted unemployment rate in the state of Hawaii. It represents the percentage of Hawaii's labor force that is without work but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Hawaii unemployment rate is a key indicator of the state's economic health and labor market conditions. It is closely monitored by economists, policymakers, and market analysts to assess Hawaii's economic performance and make informed decisions.
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 Hawaii unemployment rate is used by policymakers, such as state and local governments, to inform economic and workforce development policies. It also helps the Federal Reserve and other institutions assess the broader health of the U.S. economy.
Q: Are there update delays or limitations?
A: The monthly, not seasonally adjusted unemployment rate for Hawaii is typically published with a one-month lag by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAUST440000000000004), retrieved from FRED.