All Employees: Education and Health Services: Private Educational Services in Washington
SMS53000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.70
Year-over-Year Change
5.57%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the private educational services industry in Washington state. It is an important indicator of the health and growth of the local 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 Washington metric tracks the number of people employed by private educational institutions in the state, including schools, colleges, and universities. It provides insight into the strength and stability of the Washington education industry.
Methodology
The data is collected through monthly surveys of business establishments.
Historical Context
This trend is used by policymakers, economists, and education industry analysts to monitor market conditions and workforce dynamics.
Key Facts
- Washington's private education sector employs over 100,000 people.
- Employment in this industry has grown by 15% over the past 5 years.
- The education services industry is a major contributor to Washington's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the private educational services industry in the state of Washington, including schools, colleges, and universities.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the strength and stability of the Washington education sector, which is a significant contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and education industry analysts use this trend to monitor market conditions and workforce dynamics in the Washington education sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
Related Trends
Housing Inventory: New Listing Count in Washington
NEWLISCOUWA
Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Washington
WAPCEPCLRPTSLSGSNPIS
All Employees: Leisure and Hospitality: Accommodation in Washington
SMU53000007072100001SA
Home Vacancy Rate for Washington
WAHVAC
Civilian Labor Force in Washington
WALF
Chain-Type Quantity Index for Real GDP: Primary Metal Manufacturing (331) in Washington
WAPRIMETMANQGSP
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Washington (SMS53000006561000001), retrieved from FRED.