Federal Reserve Economic Data

Total Unemployed Plus Discouraged Workers, as a Percent of the Civilian Labor Force Plus Discouraged Workers for Minnesota (U4UNEM4MN)

Observation:

Q3 2024: 3.4 (+ more)   Updated: Oct 28, 2024 1:16 PM CDT
Q3 2024:  3.4  
Q2 2024:  3.2  
Q1 2024:  3.1  
Q4 2023:  3.0  
Q3 2023:  3.1  
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Units:

Percent, 4-Quarter Moving Average,
Not Seasonally Adjusted

Frequency:

Quarterly

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 Minnesota [U4UNEM4MN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/U4UNEM4MN, .

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