Pandemic Unemployment Assistance Continued Claims in Florida
PUACCFL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
3/28/2020 - 10/22/2022
Summary
The Pandemic Unemployment Assistance Continued Claims in Florida measures the number of workers in Florida who are receiving ongoing unemployment benefits under the Pandemic Unemployment Assistance (PUA) program. This is a key indicator of the economic impact of the COVID-19 pandemic on the Florida 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
The PUA program provided unemployment benefits to workers who were not eligible for regular state unemployment insurance, such as self-employed individuals and gig workers. Tracking continued PUA claims in Florida gives insights into the pace of the state's economic recovery.
Methodology
The data is collected by the U.S. Department of Labor through state workforce agencies.
Historical Context
Policymakers and economists use this data to assess the ongoing effects of the pandemic on Florida's economy and labor market.
Key Facts
- PUA claims peaked in Florida in May 2020.
- PUA claims declined steadily through 2021 as the economy recovered.
- Florida's PUA claims remained elevated compared to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The Pandemic Unemployment Assistance Continued Claims in Florida measures the number of workers in the state receiving ongoing unemployment benefits through the PUA program.
Q: Why is this trend relevant for users or analysts?
A: Tracking PUA claims in Florida provides insights into the economic impact of the COVID-19 pandemic and the pace of the state's recovery.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor through state workforce agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the ongoing effects of the pandemic on Florida's economy and labor market.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential revisions of state-reported unemployment insurance claims.
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Citation
U.S. Federal Reserve, Pandemic Unemployment Assistance Continued Claims in Florida (PUACCFL), retrieved from FRED.