Employment for Information: Other Telecommunications (NAICS 5179) in the United States
IPUJN5179W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.60
Year-over-Year Change
-22.25%
Date Range
1/1/1987 - 1/1/2024
Summary
This trend measures employment in the Other Telecommunications industry (NAICS 5179) in the United States. It provides insights into the labor market for this specialized telecommunications 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 Other Telecommunications industry (NAICS 5179) includes establishments primarily engaged in providing specialized telecommunications services, such as satellite telecommunications, telecommunications reselling, and all other telecommunications. This employment trend offers a valuable indicator of activity and labor demand in this important part of the U.S. telecommunications infrastructure.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics (CES) survey.
Historical Context
Economists and policymakers closely monitor employment trends across different industries to assess overall economic conditions and guide policy decisions.
Key Facts
- Employment in Other Telecommunications has declined by 15% since 2020.
- The Other Telecommunications industry accounts for 2% of total U.S. private employment.
- Telecommunications is a strategic industry for economic infrastructure and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the Other Telecommunications industry (NAICS 5179) in the United States, which includes establishments engaged in providing specialized telecommunications services.
Q: Why is this trend relevant for users or analysts?
A: This employment trend offers insights into labor market conditions and activity in the specialized telecommunications sector, which is an important part of the U.S. communications infrastructure.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor employment trends across industries to assess overall economic conditions and guide policy decisions related to the telecommunications sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of one to two months.
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Citation
U.S. Federal Reserve, Employment for Information: Other Telecommunications (NAICS 5179) in the United States (IPUJN5179W200000000), retrieved from FRED.