Insured Unemployment Rate in Washington
WAINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.08
Year-over-Year Change
0.00%
Date Range
6/17/2006 - 8/9/2025
Summary
The Insured Unemployment Rate in Washington measures the percentage of the state's insured labor force that is currently unemployed and receiving unemployment insurance benefits. This metric provides insights into the labor market and economic conditions 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 Insured Unemployment Rate tracks the proportion of workers covered by unemployment insurance programs who are jobless and claiming benefits. It offers a more targeted view of unemployment compared to broader measures, as it focuses on those actively receiving state-provided support.
Methodology
The data is collected by the U.S. Department of Labor through state unemployment insurance programs.
Historical Context
Policymakers and economists use this rate to assess the health of the state's labor market and make informed decisions about economic policies.
Key Facts
- Washington's Insured Unemployment Rate peaked at 11.2% in April 2020 during the COVID-19 pandemic.
- The rate has since declined, reaching 2.7% as of the latest data.
- Insured unemployment data provides a more targeted view of joblessness compared to the overall unemployment rate.
FAQs
Q: What does the Insured Unemployment Rate in Washington measure?
A: The Insured Unemployment Rate tracks the percentage of the state's insured labor force that is currently unemployed and receiving unemployment insurance benefits.
Q: Why is this trend relevant for users or analysts?
A: The Insured Unemployment Rate offers a more targeted view of labor market conditions in Washington, providing insights that complement broader unemployment measures.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor through state unemployment insurance programs.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the Insured Unemployment Rate to assess the health of Washington's labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The Insured Unemployment Rate data is subject to the reporting schedules and potential delays of state unemployment insurance programs.
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Citation
U.S. Federal Reserve, Insured Unemployment Rate in Washington (WAINSUREDUR), retrieved from FRED.