Business Applications with Planned Wages for Colorado
Number
WBUSAPPWNSACO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
180.00
Year-over-Year Change
-25.00%
Date Range
6/10/2006 - 8/2/2025
Summary
The Number trend measures the total number of applications for unemployment insurance benefits filed in the United States on a weekly basis. This metric is closely watched by economists and policymakers as an indicator of 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
The Number trend provides a timely gauge of the number of individuals seeking unemployment assistance, which can signal changes in the broader employment situation. It is often used in conjunction with other labor market data to assess economic conditions and inform policy decisions.
Methodology
The data is collected by the U.S. Department of Labor through its weekly Unemployment Insurance claims report.
Historical Context
The Number trend is a leading indicator monitored by the Federal Reserve, Congress, and private sector analysts to evaluate the strength of the U.S. economy.
Key Facts
- The Number trend reached a record high of 6.9 million in March 2020 during the COVID-19 pandemic.
- Declining Number trend signals an improving labor market as fewer workers file for unemployment benefits.
- The four-week moving average of the Number trend is often used to smooth out weekly volatility.
FAQs
Q: What does this economic trend measure?
A: The Number trend measures the total number of initial claims for unemployment insurance benefits filed in the United States on a weekly basis.
Q: Why is this trend relevant for users or analysts?
A: The Number trend is a closely watched indicator of the health of the labor market, providing timely insight into changes in employment conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor through its weekly Unemployment Insurance claims report.
Q: How is this trend used in economic policy?
A: The Number trend is monitored by the Federal Reserve, Congress, and private sector analysts to evaluate the strength of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The Number trend is published weekly, with a lag of a few days, providing timely insight into labor market conditions.
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Citation
U.S. Federal Reserve, Number (WBUSAPPWNSACO), retrieved from FRED.