All Employees: Government: State Government in Idaho
Seasonally Adjusted
SMS16000009092000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.20
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the number of new unemployment insurance claims filed by individuals seeking benefits due to job loss. This metric is a key indicator of current labor market conditions and economic activity.
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 Seasonally Adjusted series adjusts for regular seasonal patterns in unemployment claims, allowing for more accurate interpretation of underlying trends. It is widely used by economists, policymakers, and analysts to assess the health of the labor market and the broader economy.
Methodology
The data is collected by the U.S. Department of Labor through state workforce agencies and seasonally adjusted using statistical methods.
Historical Context
The Seasonally Adjusted unemployment claims data informs economic policy decisions and is closely monitored by the Federal Reserve, Congress, and financial markets.
Key Facts
- New unemployment claims reached a record high during the COVID-19 pandemic.
- The Seasonally Adjusted series accounts for regular variations in claims throughout the year.
- Declining Seasonally Adjusted claims can signal an improving labor market.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the number of new unemployment insurance claims filed by individuals who have lost their jobs.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of current labor market conditions and economic activity, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor through state workforce agencies and seasonally adjusted using statistical methods.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted unemployment claims data is closely monitored by the Federal Reserve, Congress, and financial markets to assess the health of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The data is released weekly by the Department of Labor, with some delays possible due to the collection process from state agencies.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMS16000009092000001), retrieved from FRED.