Pandemic Emergency Unemployment Compensation Continued Claims in Arizona
PEUCCCAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.00
Year-over-Year Change
N/A%
Date Range
3/28/2020 - 10/22/2022
Summary
The Pandemic Emergency Unemployment Compensation Continued Claims in Arizona metric tracks the number of unemployment claims filed by Arizona residents who have exhausted their regular state unemployment benefits.
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
This data series provides important insights into the economic impact of the COVID-19 pandemic on Arizona's labor market. It helps policymakers and analysts understand the ongoing need for extended unemployment support and labor market recovery efforts in the state.
Methodology
The data is collected and reported by the U.S. Department of Labor.
Historical Context
This metric is used to inform economic policy decisions and track the state's progress in recovering from the pandemic-induced recession.
Key Facts
- Arizona's PEUC continued claims peaked at over 250,000 in May 2020.
- PEUC claims in Arizona have declined steadily since reaching their high.
- The PEUC program provides additional weeks of benefits for those who have exhausted regular state unemployment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unemployment claims filed by Arizona residents who have exhausted their regular state unemployment benefits due to the COVID-19 pandemic.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the ongoing economic impact of the pandemic on Arizona's labor market, helping policymakers and analysts understand the need for extended unemployment support and recovery efforts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Labor.
Q: How is this trend used in economic policy?
A: This metric is used to inform economic policy decisions and track Arizona's progress in recovering from the pandemic-induced recession.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis, but there may be some delays in the reporting due to the ongoing nature of the pandemic and its impact on labor markets.
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Citation
U.S. Federal Reserve, Pandemic Emergency Unemployment Compensation Continued Claims in Arizona (PEUCCCAZ), retrieved from FRED.