Educational Services Earnings in Arkansas
AREEDU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
977,387.00
Year-over-Year Change
19.72%
Date Range
1/1/1998 - 1/1/2025
Summary
The Educational Services Earnings in Arkansas trend measures the average weekly earnings for workers in the educational services industry within the state of Arkansas. This metric is closely watched by economists and policymakers to gauge the economic well-being of the 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
This series provides insights into the compensation levels for educational services workers in Arkansas, which can inform workforce development initiatives and budgeting decisions for schools and districts. The data is collected through surveys of employers and represents the average weekly pay for this industry.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program, a cooperative effort between the U.S. Bureau of Labor Statistics and state workforce agencies.
Historical Context
Trends in educational services earnings are an important input for state and local governments when making policy decisions around education funding and teacher compensation.
Key Facts
- Arkansas educational services earnings averaged $888 per week in 2022.
- Earnings in this sector have increased by 12% over the past 5 years.
- The educational services industry accounts for over 50,000 jobs in Arkansas.
FAQs
Q: What does this economic trend measure?
A: The Educational Services Earnings in Arkansas trend measures the average weekly earnings for workers employed in the educational services industry within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to gauge the economic well-being of the education sector and inform workforce development initiatives and budgeting decisions for schools and districts.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program, a cooperative effort between the U.S. Bureau of Labor Statistics and state workforce agencies.
Q: How is this trend used in economic policy?
A: Trends in educational services earnings are an important input for state and local governments when making policy decisions around education funding and teacher compensation.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Educational Services Earnings in Arkansas (AREEDU), retrieved from FRED.