Employment Level for Nebraska
EMPLOYNE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,027,600.00
Year-over-Year Change
2.20%
Date Range
10/1/2003 - 7/1/2024
Summary
The Employment Level for Nebraska measures the total number of people employed in the state. It's a key indicator of economic activity and labor market conditions.
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 tracks the total employment level in Nebraska, providing insight into the overall strength of the state's economy. Economists and policymakers use this data to analyze trends in labor force participation, job creation, and economic growth.
Methodology
The data is collected through surveys of Nebraska businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Employment levels inform decisions around fiscal and monetary policy, infrastructure investment, and workforce development initiatives.
Key Facts
- Nebraska's employment level has grown by 8.2% over the past 5 years.
- The unemployment rate in Nebraska is currently 2.8%, well below the national average.
- Services and trade sectors account for over 60% of total employment in the state.
FAQs
Q: What does this economic trend measure?
A: The Employment Level for Nebraska measures the total number of people employed in the state, providing insight into the overall strength of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a key indicator of economic activity and are closely watched by economists, policymakers, and businesses to understand labor market conditions and inform decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Nebraska businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Employment levels inform decisions around fiscal and monetary policy, infrastructure investment, and workforce development initiatives.
Q: Are there update delays or limitations?
A: The Employment Level for Nebraska is updated monthly with a typical 1-2 month delay.
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Value of Exports to Germany from Nebraska
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Citation
U.S. Federal Reserve, Employment Level for Nebraska (EMPLOYNE), retrieved from FRED.