Pandemic Unemployment Assistance Initial Claims in North Carolina

PUAICNC • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

-100.00%

Date Range

4/4/2020 - 11/5/2022

Summary

The Pandemic Unemployment Assistance (PUA) Initial Claims in North Carolina metric tracks the number of new unemployment claims filed each week under the PUA program in the state.

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 provides unemployment benefits to individuals who do not qualify for regular state unemployment insurance, such as self-employed workers and independent contractors. This data helps economists and policymakers understand the economic impact of the COVID-19 pandemic on North Carolina's workforce.

Methodology

The data is collected by the U.S. Department of Labor from state workforce agencies.

Historical Context

This trend is used to assess the ongoing labor market conditions and inform economic policies in North Carolina.

Key Facts

  • PUA provides benefits to workers not eligible for regular unemployment insurance.
  • North Carolina saw a spike in PUA claims during the COVID-19 pandemic.
  • The PUA program was established by the CARES Act in 2020.

FAQs

Q: What does this economic trend measure?

A: The Pandemic Unemployment Assistance (PUA) Initial Claims in North Carolina metric tracks the number of new unemployment claims filed each week under the PUA program in the state.

Q: Why is this trend relevant for users or analysts?

A: This data helps economists and policymakers understand the economic impact of the COVID-19 pandemic on North Carolina's workforce and labor market conditions.

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: This trend is used to assess the ongoing labor market conditions and inform economic policies in North Carolina.

Q: Are there update delays or limitations?

A: The data is published weekly, but there may be some delays in reporting from state agencies.

Related Trends

Citation

U.S. Federal Reserve, Pandemic Unemployment Assistance Initial Claims in North Carolina (PUAICNC), retrieved from FRED.