Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Denmark
Annual, Seasonally Adjusted
LFHU24TTDKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,166.66
Year-over-Year Change
6.78%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate for Kansas. It provides crucial insights into the state's labor market and informs policymakers' 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 annual, seasonally adjusted unemployment rate for Kansas is a key indicator of the state's economic health and labor market conditions. It is widely used by economists, policymakers, and analysts to assess employment trends and make informed decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of households.
Historical Context
This trend is actively monitored by state and federal policymakers to guide economic and workforce development initiatives.
Key Facts
- Kansas's annual, seasonally adjusted unemployment rate was 3.1% in 2022.
- The rate has declined from a high of 6.9% during the COVID-19 pandemic in 2020.
- Kansas's unemployment rate is consistently lower than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate for the state of Kansas. It provides a comprehensive view of the state's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The Kansas unemployment rate is a crucial indicator for understanding the state's economic performance and informing policy decisions related to workforce development and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of households in Kansas.
Q: How is this trend used in economic policy?
A: State and federal policymakers closely monitor this trend to guide economic and workforce development initiatives, as well as to assess the effectiveness of their policies.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted unemployment rate for Kansas is released with a lag, typically a few months after the end of the year. The data may also be subject to revisions as more information becomes available.
Related Trends
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Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Denmark
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark
CPGREN01DKQ659N
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Denmark
LFHUADFEDKA647N
Sales: Retail Trade: Car Registration: Passenger Cars for Denmark
SLRTCR03DKA657S
Share Prices: All Shares/Broad: Total for Denmark
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHU24TTDKA647S), retrieved from FRED.