Hours Worked for Other Services (Except Public Administration): Social Advocacy Organizations (NAICS 81331) in the United States
IPUUN81331L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.59
Year-over-Year Change
38.28%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the monthly production worker hours for social advocacy organizations in the United States. It provides insights into the labor dynamics of this key service 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 Hours Worked for Other Services (Except Public Administration): Social Advocacy Organizations (NAICS 81331) metric tracks the total number of production worker hours logged each month by organizations that engage in advocacy for various social causes. This data offers a window into the staffing and operational levels of a critical component of the U.S. services economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator helps economists and policymakers assess the health and activity levels of the nonprofit advocacy industry.
Key Facts
- Social advocacy organizations employ over 1.4 million workers in the U.S.
- The sector saw a 7.2% increase in hours worked from 2019 to 2020.
- Hours worked peaked in March 2020 at the start of the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production worker hours for social advocacy organizations in the United States, providing insights into the labor dynamics of this key service sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator helps economists and policymakers assess the health and activity levels of the nonprofit advocacy industry, which is a critical component of the U.S. services economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate the performance and labor market dynamics of the nonprofit advocacy sector, which can inform decisions related to economic policy and regulations.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with some potential for slight delays in reporting.
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Citation
U.S. Federal Reserve, Hours Worked for Other Services (Except Public Administration): Social Advocacy Organizations (NAICS 81331) in the United States (IPUUN81331L010000000), retrieved from FRED.