Pandemic Unemployment Assistance Continued Claims in Utah
PUACCUT • 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 (PUA) Continued Claims in Utah measure the number of individuals in Utah who have continued to receive PUA benefits, which provide income support to workers not eligible for regular unemployment insurance.
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 Continued Claims data provides insight into the ongoing economic impact of the COVID-19 pandemic on Utah's labor market, particularly for self-employed, gig, and other workers not covered by regular unemployment insurance.
Methodology
The data is collected by the U.S. Department of Labor from state workforce agencies.
Historical Context
Policymakers and economists use this data to assess the state of Utah's labor market and the effectiveness of pandemic relief measures.
Key Facts
- PUA provides benefits to workers not eligible for regular unemployment insurance.
- Utah's PUA Continued Claims peaked in May 2020 during the initial pandemic lockdowns.
- PUA Continued Claims data is used to track the economic recovery in Utah.
FAQs
Q: What does this economic trend measure?
A: The PUA Continued Claims in Utah measure the number of individuals in the state who have continued to receive Pandemic Unemployment Assistance benefits.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the ongoing economic impact of the COVID-19 pandemic on Utah's labor market, particularly for self-employed and gig workers not covered by regular unemployment insurance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor from state workforce agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the state of Utah's labor market and the effectiveness of pandemic relief measures.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few weeks of the reference period.
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Citation
U.S. Federal Reserve, Pandemic Unemployment Assistance Continued Claims in Utah (PUACCUT), retrieved from FRED.