Job Losers and Persons Who Completed Temporary Jobs, as a Percent of the Civilian Labor Force for Pennsylvania
U2UNEM2PA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
-62.22%
Date Range
10/1/2003 - 7/1/2024
Summary
This economic trend measures the percentage of the civilian labor force in Pennsylvania who have lost their jobs or completed temporary positions. It provides insights into labor market dynamics and unemployment levels 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 Job Losers and Persons Who Completed Temporary Jobs indicator represents the share of the civilian labor force in Pennsylvania that has recently experienced job loss or the end of temporary employment. This metric is used by economists and policymakers to assess labor market conditions and identify potential areas for workforce development initiatives.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the health of Pennsylvania's labor market and informing economic policies and programs aimed at supporting workers and promoting employment stability.
Key Facts
- This metric represents the share of the civilian labor force in Pennsylvania that has recently experienced job loss or the end of temporary employment.
- The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
- This trend is used by economists and policymakers to assess labor market conditions and inform workforce development initiatives.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian labor force in Pennsylvania who have lost their jobs or completed temporary positions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market dynamics and unemployment levels in Pennsylvania, which is useful for economists and policymakers in understanding the health of the state's labor market and informing economic policies and programs.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the health of Pennsylvania's labor market and informing economic policies and programs aimed at supporting workers and promoting employment stability.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the U.S. Bureau of Labor Statistics household surveys.
Related Trends
Gross Domestic Product: Farms (111-112) in Pennsylvania
PAFARMNGSP
All Employees: Durable Goods: Wood Product Manufacturing in Pennsylvania
SMU42000003132100001A
Housing Inventory: Price Increased Count in Pennsylvania
PRIINCCOUPA
Gross Domestic Product: Professional, Scientific, and Technical Services (54) in Pennsylvania
PAPROSCITCHNGSP
Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Pennsylvania
SMU42000003100000007
Housing Inventory: Price Reduced Count Year-Over-Year in Pennsylvania
PRIREDCOUYYPA
Citation
U.S. Federal Reserve, Job Losers and Persons Who Completed Temporary Jobs, as a Percent of the Civilian Labor Force for Pennsylvania (U2UNEM2PA), retrieved from FRED.