All Employees: Leisure and Hospitality in Missouri
Monthly, Not Seasonally Adjusted
MOLEIHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
342.10
Year-over-Year Change
5.29%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures the employment level of the legal services industry in the United States. This data provides insight into the overall labor market and economic conditions within the legal services 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 'Monthly, Not Seasonally Adjusted' employment level tracks the number of workers employed in the legal services industry, which includes law firms, corporate legal departments, and government legal offices. This metric is used by economists and policymakers to assess the strength and trends within the legal services labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the economic health and workforce dynamics of the legal services industry, which has implications for the broader professional services sector and overall economy.
Key Facts
- The legal services industry employs over 1.1 million workers in the U.S.
- Employment in legal services has grown by 8% over the past 5 years.
- The legal services sector accounts for approximately 0.7% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the employment level in the legal services industry in the United States, including law firms, corporate legal departments, and government legal offices.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insight into the economic health and workforce dynamics of the legal services sector, which has implications for the broader professional services industry and overall economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this employment trend to assess the strength and trends within the legal services labor market, which can inform decisions and policies related to the professional services sector and broader economy.
Q: Are there update delays or limitations?
A: The 'Monthly, Not Seasonally Adjusted' employment data is published with a one-month lag by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (MOLEIHN), retrieved from FRED.