Observation:
Q3 2024: 4.4 (+ more) Updated: Oct 28, 2024 1:16 PM CDTQ3 2024: | 4.4 | |
Q2 2024: | 4.0 | |
Q1 2024: | 3.9 | |
Q4 2023: | 3.7 | |
Q3 2023: | 3.7 | |
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Units:
Percent, 4-Quarter Moving Average,Not Seasonally Adjusted
Frequency:
QuarterlyWrite a custom formula to transform one or more series or combine two or more series.
You can begin by adding a series to combine with your existing series.
Now create a custom formula to combine or transform the series.
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For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
Add the minimum, maximum, and average calculations of selected lines to the graph []
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NOTES
Source: U.S. Bureau of Labor Statistics
Release: Alternative Measures of Labor Underutilization for States
Units: Percent, 4-Quarter Moving Average, Not Seasonally Adjusted
Frequency: Quarterly
Notes:
U-4 unemployment rate, as defined by the Bureau of Labor Statistics (BLS).
The BLS defines discouraged workers as persons who are not in the labor force, want and are available for work, and had looked for a job sometime in the prior 12 months. They are not counted as unemployed because they had not searched for work in the prior 4 weeks, for the specific reason that they believed no jobs were available to them.
Suggested Citation:
U.S. Bureau of Labor Statistics, Total Unemployed Plus Discouraged Workers, as a Percent of the Civilian Labor Force Plus Discouraged Workers for Indiana [U4UNEM4IN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/U4UNEM4IN, January 30, 2025.