Covered Employment in Missouri
MOCEMPLOY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,840,168.00
Year-over-Year Change
0.17%
Date Range
6/10/2006 - 8/2/2025
Summary
The Covered Employment in Missouri trend measures the total number of jobs covered by the unemployment insurance program in the state of Missouri. This indicator provides insight into the overall strength and dynamics of the Missouri 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
Covered employment is a measure of the total number of jobs covered by the state's unemployment insurance program. It serves as a comprehensive indicator of employment levels and trends in Missouri, reflecting both private sector and government jobs across all industries.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program, which surveys businesses and government agencies to obtain employment and wage information.
Historical Context
Covered employment is a key metric used by policymakers, economists, and analysts to evaluate the health and trajectory of the Missouri economy.
Key Facts
- Missouri has over 2.8 million covered jobs as of the latest data.
- Covered employment in Missouri increased by 1.5% over the past year.
- The trade, transportation, and utilities sector accounts for the largest share of covered jobs in Missouri.
FAQs
Q: What does this economic trend measure?
A: The Covered Employment in Missouri trend measures the total number of jobs covered by the state's unemployment insurance program, reflecting both private sector and government employment across all industries.
Q: Why is this trend relevant for users or analysts?
A: Covered employment is a comprehensive indicator of labor market conditions in Missouri, providing insight into the overall strength and dynamics of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program, which surveys businesses and government agencies to obtain employment and wage information.
Q: How is this trend used in economic policy?
A: Covered employment is a key metric used by policymakers, economists, and analysts to evaluate the health and trajectory of the Missouri economy, informing decision-making and policy responses.
Q: Are there update delays or limitations?
A: The Covered Employment in Missouri data is published on a quarterly basis, with a lag of several months between the end of the reference quarter and the data release.
Related Trends
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All Employees: Service-Providing in Missouri
SMU29000000700000001
State Government Tax Collections, Occupation and Business Licenses in Missouri
MOBUSLICTAX
Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Missouri
MOPCEFUR
Real Gross Domestic Product: All Industry Total in Missouri
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Administrative and Waste Services Earnings in Missouri
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Citation
U.S. Federal Reserve, Covered Employment in Missouri (MOCEMPLOY), retrieved from FRED.