All Employees: Education and Health Services: Private Educational Services in Rhode Island
SMS44000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.00
Year-over-Year Change
-4.59%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of private educational services employees in Rhode Island. It provides insight into the state's education workforce and can inform policy decisions related to the 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 Rhode Island indicator tracks the employment levels in private schools, colleges, and other educational institutions located within the state. This data is used by economists and policymakers to analyze trends in the educational services industry and its contribution to the state's economy.
Methodology
This data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the health of Rhode Island's private education market and informing policy decisions affecting the sector.
Key Facts
- Rhode Island has over 20,000 private education employees.
- The private education sector accounts for nearly 4% of the state's total employment.
- Employment in private educational services has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in private educational services in the state of Rhode Island, including private schools, colleges, and other educational institutions.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the size and health of Rhode Island's private education sector, which is an important contributor to the state's economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments 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 understand the dynamics of the private education industry in Rhode Island and inform decisions related to education funding, workforce development, and economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, so there may be a short delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Rhode Island (SMS44000006561000001), retrieved from FRED.