Employment for Educational Services: Educational Support Services (NAICS 61171) in the United States

IPUQN61171W200000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

266.20

Year-over-Year Change

48.63%

Date Range

1/1/1987 - 1/1/2024

Summary

This economic trend measures employment in the educational support services industry (NAICS 61171) in the United States. It provides insights into the labor market dynamics within the education sector, which is an important driver of economic growth and development.

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: Educational Support Services (NAICS 61171) in the United States series tracks the number of people employed in occupations such as administrative support, counseling, and other non-teaching roles within the education industry. This data is used by economists and policymakers to analyze the health and trends of the education labor market.

Methodology

The data is collected by the U.S. Bureau of Labor Statistics through its monthly Current Employment Statistics (CES) survey.

Historical Context

This employment trend is relevant for understanding the broader education industry and its contribution to the overall economy.

Key Facts

  • The educational support services industry accounts for approximately 1.3 million jobs in the U.S.
  • Employment in this sector has grown by over 10% in the past decade.
  • Educational support services jobs include roles such as school administrators, counselors, and librarians.

FAQs

Q: What does this economic trend measure?

A: This trend measures employment in the educational support services industry (NAICS 61171) in the United States, including roles such as administrative support, counseling, and other non-teaching positions within the education sector.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the labor market dynamics within the education industry, which is an important driver of economic growth and development. It is relevant for economists, policymakers, and industry analysts to understand employment trends in this sector.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Bureau of Labor Statistics through its monthly Current Employment Statistics (CES) survey.

Q: How is this trend used in economic policy?

A: This employment trend is used by economists and policymakers to analyze the health and trends of the education labor market, which can inform decisions related to education funding, workforce development, and economic policy.

Q: Are there update delays or limitations?

A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of approximately one month.

Related Trends

Citation

U.S. Federal Reserve, Employment for Educational Services: Educational Support Services (NAICS 61171) in the United States (IPUQN61171W200000000), retrieved from FRED.