All Employees: Education and Health Services: Private Educational Services in Minnesota
SMS27000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.30
Year-over-Year Change
-0.41%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of private educational services employees in Minnesota. It provides insights into the labor market and economic activity in the state's education 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 'All Employees: Education and Health Services: Private Educational Services in Minnesota' series tracks the total number of employees in private education services within the state of Minnesota. This data is used to analyze workforce trends and assess the overall health of the state's private education industry.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and education industry analysts to monitor the private education labor market in Minnesota.
Key Facts
- Minnesota has over 90,000 private education services employees.
- The private education sector accounts for 3.2% of total employment in Minnesota.
- Employment in private education services has grown by 7.2% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in private educational services in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the labor market and economic activity within Minnesota's private education sector, which is important for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to monitor the health and growth of Minnesota's private education industry, which can inform decisions around education funding, workforce development, and economic policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Minnesota (SMS27000006561000001), retrieved from FRED.