All Employees: Private Service Providing in Nebraska
SMS31000000800000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
719.40
Year-over-Year Change
0.78%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of private sector service-providing employees in Nebraska. It is a key indicator of the state's labor market and economic 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: Private Service Providing in Nebraska metric tracks the number of workers employed in the state's private service-providing industries, which include trade, transportation, utilities, information, financial activities, professional and business services, education, health care, leisure, and hospitality.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economists, and investors to gauge the overall health of Nebraska's economy.
Key Facts
- Nebraska's private service-providing sector accounts for over 60% of total non-farm employment.
- The state's service sector has seen steady growth over the past decade.
- Employment in this sector is a leading indicator of broader economic trends in Nebraska.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of workers employed in Nebraska's private service-providing industries, such as trade, transportation, and health care.
Q: Why is this trend relevant for users or analysts?
A: The private service sector is a crucial driver of Nebraska's economy, so this employment trend provides valuable insight into the state's overall economic health and direction.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this employment trend to gauge the strength of Nebraska's economy and inform economic decisions and forecasts.
Q: Are there update delays or limitations?
A: The data is released with a short lag, typically 1-2 months after the end of the reference period, and may be subject to revision as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Private Service Providing in Nebraska (SMS31000000800000001), retrieved from FRED.