All Employees: Leisure and Hospitality: Special Food Services in Illinois
Not Seasonally Adjusted
SMU17000007072230001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.80
Year-over-Year Change
10.20%
Date Range
1/1/1990 - 7/1/2025
Summary
The Not Seasonally Adjusted series measures the number of unemployment insurance claims filed in the U.S. each week, providing timely insights into the health of the 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
This economic indicator tracks the number of new unemployment claims filed with state workforce agencies, which is a leading indicator of broader employment trends. Analysts use this data to assess the current state of the job market and economic conditions.
Methodology
The data is collected directly from state workforce agencies and aggregated by the U.S. Department of Labor.
Historical Context
Policymakers and economists closely monitor this metric to inform employment and economic policies.
Key Facts
- New unemployment claims averaged over 200,000 per week in 2022.
- Claims spiked to a record high of 6.9 million in March 2020 due to the COVID-19 pandemic.
- The 4-week moving average is a closely watched metric to smooth weekly volatility.
FAQs
Q: What does this economic trend measure?
A: The Not Seasonally Adjusted series measures the number of new unemployment insurance claims filed with state workforce agencies each week.
Q: Why is this trend relevant for users or analysts?
A: This timely indicator provides insights into the current health of the labor market and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from state workforce agencies and aggregated by the U.S. Department of Labor.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to inform employment and economic policies.
Q: Are there update delays or limitations?
A: The data is released weekly with a short lag, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU17000007072230001), retrieved from FRED.