All Employees: Other Services in Arkansas
ARSRVO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.00
Year-over-Year Change
-1.22%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Other Services in Arkansas' trend measures the number of people employed in the 'Other Services' sector in the state of Arkansas. This data provides valuable insights into the labor market and economic conditions in the state.
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 'Other Services' sector includes a wide range of industries, such as personal care services, religious organizations, and repair and maintenance services. Tracking employment in this sector helps economists and policymakers understand the overall health and diversity of the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Analyzing trends in 'Other Services' employment is useful for assessing the impact of economic policies and market conditions on small businesses and the service industry in Arkansas.
Key Facts
- Arkansas has a population of approximately 3 million people.
- The 'Other Services' sector accounts for around 4% of total employment in Arkansas.
- Employment in the 'Other Services' sector in Arkansas has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in Arkansas' trend measures the number of people employed in the 'Other Services' sector in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment in the 'Other Services' sector provides valuable insights into the overall health and diversity of the Arkansas economy, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analyzing trends in 'Other Services' employment can help assess the impact of economic policies and market conditions on small businesses and the service industry in Arkansas.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, All Employees: Other Services in Arkansas (ARSRVO), retrieved from FRED.