Pandemic Unemployment Assistance Initial Claims in Rhode Island

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

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

4/4/2020 - 11/5/2022

Summary

The Pandemic Unemployment Assistance (PUA) Initial Claims in Rhode Island measures the number of new unemployment claims filed under the PUA program, which provides benefits to self-employed and gig workers affected by the COVID-19 pandemic.

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 Initial Claims data tracks the volume of new unemployment applications submitted in Rhode Island under the federal PUA program. This helps assess the ongoing economic impact of the pandemic on independent and non-traditional workers in the state.

Methodology

The data is collected and reported by the Rhode Island Department of Labor and Training.

Historical Context

Policymakers and economists use this data to understand pandemic-related labor market disruptions.

Key Facts

  • PUA provides benefits to self-employed, gig, and other workers not eligible for regular unemployment.
  • Rhode Island reported over 23,000 PUA claims in the most recent data.
  • PUA claims have fluctuated with the COVID-19 case trends in the state.

FAQs

Q: What does this economic trend measure?

A: The Pandemic Unemployment Assistance (PUA) Initial Claims in Rhode Island measures the volume of new unemployment claims filed under the federal PUA program in the state.

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

A: This data helps assess the ongoing economic impact of the COVID-19 pandemic on independent and non-traditional workers in Rhode Island.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Rhode Island Department of Labor and Training.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this data to understand pandemic-related labor market disruptions and support economic recovery efforts.

Q: Are there update delays or limitations?

A: The PUA claims data is published regularly by the state, but may have short update delays depending on reporting timelines.

Related Trends

Citation

U.S. Federal Reserve, Pandemic Unemployment Assistance Initial Claims in Rhode Island (PUAICRI), retrieved from FRED.