All Employees: Education and Health Services: Private Educational Services in Pennsylvania
SMS42000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
241.90
Year-over-Year Change
1.85%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the private educational services industry in Pennsylvania. It provides insight into the state's labor market and education sector dynamics.
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 Pennsylvania series tracks the total number of workers employed in private schools, colleges, universities, and other private educational facilities located in the state. This data is a key indicator of activity and trends in Pennsylvania's private education industry.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by policymakers, economists, and education stakeholders to analyze the health and growth of Pennsylvania's private education system.
Key Facts
- Pennsylvania has over 4,000 private educational institutions.
- The private education sector employs more than 160,000 workers in the state.
- Private school enrollment in Pennsylvania has grown by 7% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in private educational services in the state of Pennsylvania, including private schools, colleges, and universities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Pennsylvania's private education industry, which is an important component of the state's overall economy and education system.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and education stakeholders use this metric to analyze trends and make informed decisions about Pennsylvania's private education sector and its workforce.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a 1-2 month delay in reporting the most recent figures.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Pennsylvania (SMS42000006561000001), retrieved from FRED.