Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Denmark
Annual, Seasonally Adjusted
LMUNRRTTDKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
-45.67%
Date Range
1/1/1970 - 1/1/2016
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate in Kansas. It is a key indicator of labor market conditions and economic performance in the state.
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 in Kansas tracks the percentage of the state's labor force that is jobless but actively seeking employment. This metric is widely used by economists and policymakers to assess the overall health and stability of the state's economy.
Methodology
The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Kansas unemployment rate is closely monitored by the Federal Reserve and state governments to inform economic and workforce development policies.
Key Facts
- Kansas's annual unemployment rate peaked at 7.3% in 2010.
- The state's unemployment rate has remained below the national average since 2014.
- In 2021, the annual, seasonally adjusted unemployment rate in Kansas was 3.8%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate in the state of Kansas. It tracks the percentage of the state's labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Kansas unemployment rate is a key indicator of the state's labor market conditions and overall economic performance. It is closely monitored by policymakers, economists, and businesses to inform economic and workforce development decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual, seasonally adjusted unemployment rate in Kansas is used by the Federal Reserve and state governments to inform economic and workforce development policies, as it provides insights into the health and stability of the state's labor market and economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay. While the seasonally adjusted figures help account for typical seasonal variations, there may be other factors that affect the unemployment rate in Kansas that are not fully captured by this metric.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LMUNRRTTDKA156S), retrieved from FRED.