Initial Claims in Missouri
MOICLAIMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,515.00
Year-over-Year Change
5.94%
Date Range
6/3/2006 - 7/26/2025
Summary
The Initial Claims in Missouri trend measures the number of people in Missouri who have filed for unemployment benefits for the first time. This metric is a key indicator of the state's economic health and labor market conditions.
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 Initial Claims in Missouri data series tracks the number of new claims for unemployment insurance filed by workers in the state. This provides important insights into the level of job losses and the pace of economic activity.
Methodology
The data is collected and reported weekly by the U.S. Department of Labor.
Historical Context
Policymakers and economists closely monitor initial claims data to assess the strength of the labor market and guide policy decisions.
Key Facts
- Missouri initial claims hit a record high in April 2020 during the COVID-19 pandemic.
- Initial claims data is released weekly, providing timely insights on the economy.
- The 4-week moving average of initial claims is a closely watched metric for labor market trends.
FAQs
Q: What does this economic trend measure?
A: The Initial Claims in Missouri trend measures the number of people in the state who have filed for unemployment benefits for the first time in a given week.
Q: Why is this trend relevant for users or analysts?
A: Initial claims data provides a real-time indicator of job losses and the pace of economic activity in Missouri, which is crucial information for policymakers, businesses, and workers.
Q: How is this data collected or calculated?
A: The data is collected and reported weekly by the U.S. Department of Labor based on claims filed with the Missouri Department of Employment Security.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor initial claims data to assess the strength of the labor market and guide policy decisions, such as adjustments to unemployment benefits or stimulative measures.
Q: Are there update delays or limitations?
A: The initial claims data is released on a weekly basis, providing timely insights, but may be subject to revisions or delays in reporting from state agencies.
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Citation
U.S. Federal Reserve, Initial Claims in Missouri (MOICLAIMS), retrieved from FRED.