All Employees: Financial Activities: Insurance Carriers and Related Activities in Nebraska
SMU31000005552400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.10
Year-over-Year Change
-6.41%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the insurance and related activities industry in Nebraska. It provides insights into the labor market and economic conditions within this important 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: Financial Activities: Insurance Carriers and Related Activities in Nebraska data series tracks the total number of people employed in the insurance industry across the state. It is a key economic indicator used to analyze trends in the financial services sector and assess the overall health of the Nebraska economy.
Methodology
The data is collected through the Current Employment Statistics (CES) program, a monthly survey of businesses.
Historical Context
This employment data is closely monitored by policymakers, analysts, and businesses to understand the insurance industry's contribution to the state's economic performance.
Key Facts
- Nebraska has over 30,000 insurance industry employees.
- The insurance sector accounts for 3% of the state's total employment.
- Insurance carrier jobs have grown by 7% in Nebraska 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 insurance carriers and related activities industry in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: The insurance industry is a key component of Nebraska's financial services sector, and employment in this industry is an important indicator of economic conditions and labor market trends in the state.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) program, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment data to understand the insurance industry's contribution to Nebraska's overall economic performance and to inform policy decisions affecting the financial services sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Insurance Carriers and Related Activities in Nebraska (SMU31000005552400001A), retrieved from FRED.