The following graphs and maps provide both a broad overview as well as a drill-down of employment, unemployment, and poverty trends which can be used to understand the employment landscape and to help inform hiring and personnel budgeting
- Official Poverty Rate: three times the subsistence food budget for a family of a given size; a high or increasing poverty rate often signifies economic disparities/inequality.
- Underemployment rate (U6): A higher rate of underemployment signifies a high rate of unemployed, underemployed, & discouraged workers.
- Unemployment rate (U3): measure of the mismatches between the labor supply and demand, highlighting the unutilized labor supply. It can be used to track economic cycles for revenue/expense forecasting.
- Weekly Unemployment Claims*: signals large number of workers will soon be collecting unemployment and possibly other public benefits, and income tax revenue may decline (if applicable).