All Employees: Education and Health Services: Private Educational Services in Alabama
SMS01000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.60
Year-over-Year Change
-2.77%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the number of all private educational services employees in Alabama. It serves as an important economic indicator for the state's education sector and its overall labor market conditions.
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 All Employees: Education and Health Services: Private Educational Services in Alabama series tracks the total number of employees in the private education industry within the state. This data is used by economists and policymakers to gauge the health and growth of Alabama's education services workforce.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This trend provides insight into the strength of Alabama's private education services industry, which is a key component of the state's overall economic performance.
Key Facts
- Alabama has over 60,000 private education services employees.
- The private education sector accounts for 6% of Alabama's total employment.
- Employment in Alabama's private education services has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the private education services industry within the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insight into the strength and growth of Alabama's private education sector, which is an important component of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess the health of Alabama's private education services industry and its impact on the state's labor market and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with occasional revisions to prior-period figures.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Alabama (SMS01000006561000001), retrieved from FRED.