Employment for Administrative and Support and Waste Management and Remediation Services: Waste Collection (NAICS 56211) in the United States
IPUPN56211W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-20.00%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures employment in the waste collection industry, which is a critical component of the administrative and support services sector in the United States. It provides insights into the labor market dynamics within the waste management and remediation services industry.
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 Employment for Administrative and Support and Waste Management and Remediation Services: Waste Collection (NAICS 56211) in the United States measures the total number of people employed in the waste collection industry. This trend is an important indicator of economic activity and labor market conditions in the waste management and remediation services sector.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through establishment surveys.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of the waste management and remediation services sector and its broader implications for the U.S. economy.
Key Facts
- The waste collection industry employs over 320,000 people in the United States.
- Employment in the waste collection industry has grown by 10% over the past 5 years.
- The waste collection industry is a significant contributor to the U.S. economy, generating over $60 billion in annual revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in the waste collection industry, which is a key component of the administrative and support services sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market dynamics and economic activity within the waste management and remediation services industry, which is a crucial component of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through establishment surveys.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of the waste management and remediation services sector and its broader implications for the U.S. economy.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions based on updated information from the survey respondents.
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Citation
U.S. Federal Reserve, Employment for Administrative and Support and Waste Management and Remediation Services: Waste Collection (NAICS 56211) in the United States (IPUPN56211W201000000), retrieved from FRED.