All Employees: Education and Health Services: Private Educational Services in Utah
SMS49000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.80
Year-over-Year Change
4.89%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the private education services industry in Utah. It is an important indicator for understanding labor market conditions and trends in the state's education sector.
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 All Employees: Education and Health Services: Private Educational Services in Utah metric tracks the total employment levels in the private education industry across the state. This data point is used by economists and policymakers to analyze the health and growth of Utah's private education services market.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the supply of educational services, labor market dynamics, and the economic performance of Utah's private education sector.
Key Facts
- Utah has over 80,000 private education services jobs.
- The private education sector accounts for over 10% of total private employment in Utah.
- Private education services employment in Utah has grown by 20% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the private education services industry across the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is important for understanding labor market conditions, workforce trends, and the overall health of Utah's private education sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This private education employment trend is used by economists, policymakers, and industry analysts to assess the performance and outlook for Utah's education services market.
Q: Are there update delays or limitations?
A: The data is published with a 1-month lag and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Utah (SMS49000006561000001), retrieved from FRED.