Employment for Educational Services: Business, Computer, and Management Training (NAICS 6114) in the United States
IPUQN6114W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.85
Year-over-Year Change
21.22%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the educational services industry, specifically focused on business, computer, and management training establishments in the United States. It provides insight into the labor market and demand for these specialized educational services.
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 Educational Services: Business, Computer, and Management Training (NAICS 6114) in the United States series tracks the number of individuals employed in this sector of the economy. It serves as an indicator of activity and demand for these types of educational programs, which are important for workforce development and upskilling.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics survey.
Historical Context
This economic trend is relevant for policymakers, educators, and labor market analysts to understand employment dynamics in the specialized training and education industry.
Key Facts
- Employment in NAICS 6114 sector was 314,400 as of December 2022.
- This industry has seen steady job growth over the past decade.
- Demand for specialized training and education has increased with technological advancements.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels in the educational services industry, specifically focused on business, computer, and management training establishments (NAICS 6114) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the labor market and demand for specialized educational services, which is important for understanding workforce development and industry trends.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, educators, and labor market analysts to understand employment dynamics in the specialized training and education industry, which can inform workforce development policies and programs.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month delay, providing timely insights into employment trends in this sector.
Related Trends
Employment for Educational Services: Colleges, Universities, and Professional Schools (NAICS 611310) in the United States
IPUQN611310W010000000
Employment for Educational Services: Educational Support Services (NAICS 6117) in the United States
IPUQN6117W010000000
Hours Worked for Educational Services: Junior Colleges (NAICS 61121) in the United States
IPUQN61121L010000000
Hours Worked for Educational Services: Colleges, Universities, and Professional Schools (NAICS 611310) in the United States
IPUQN611310L010000000
Employment for Educational Services: Junior Colleges (NAICS 61121) in the United States
IPUQN61121W010000000
Hours Worked for Educational Services: Educational Support Services (NAICS 61171) in the United States
IPUQN61171L010000000
Citation
U.S. Federal Reserve, Employment for Educational Services: Business, Computer, and Management Training (NAICS 6114) in the United States (IPUQN6114W010000000), retrieved from FRED.