Employment for Other Services (Except Public Administration): Private Households (NAICS 8141) in the United States
IPUUN8141W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
207.30
Year-over-Year Change
-33.00%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the private households industry, which includes personal and domestic services such as housekeeping, gardening, and childcare. It is a key indicator of the household services labor market and consumer demand for these 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 Other Services (Except Public Administration) category includes a wide range of personal, repair, and maintenance services, including private households. This employment series provides insight into the labor market for domestic and household-based services, which can reflect broader economic and social trends.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of businesses and organizations.
Historical Context
This trend is used by economists and policymakers to assess the health of the household services industry and its role in the broader labor market.
Key Facts
- Private household employment accounts for less than 1% of total U.S. employment.
- The private household industry experienced significant job losses during the COVID-19 pandemic.
- Demand for household services like childcare and cleaning can be sensitive to economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the private households industry, which includes personal and domestic services such as housekeeping, gardening, and childcare.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the labor market for household-based services, which can reflect broader economic and social trends related to consumer demand and the household services industry.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of businesses and organizations.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health of the household services industry and its role in the broader labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with typical government data release lags.
Related Trends
Employment for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 811420) in the United States
IPUUN811420W200000000
Unit Labor Costs for Other Services (Except Public Administration): Hair, Nail, and Skin Care Services (NAICS 81211) in the United States
IPUUN81211U100000000
Hours Worked for Other Services (Except Public Administration): Other Personal Services (NAICS 8129) in the United States
IPUUN8129L010000000
Hours Worked for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320L010000000
Employment for Other Services (Except Public Administration): Social Advocacy Organizations (NAICS 81331) in the United States
IPUUN81331W010000000
Sectoral Output Price Deflator for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
IPUUN81292T051000000
Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Private Households (NAICS 8141) in the United States (IPUUN8141W200000000), retrieved from FRED.