All Employees: Professional and Business Services: Employment Services in Idaho
SMU16000006056130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.68
Year-over-Year Change
4.94%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the professional and business services sector, specifically within the employment services industry, in the state of Idaho. It provides insights into the health and dynamics of the state's labor market.
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: Professional and Business Services: Employment Services in Idaho series tracks the number of people employed in the employment services industry, which includes temporary help services, professional employer organizations, and other employment-related activities. This data is used by economists and policymakers to assess the strength of Idaho's labor market and broader economic conditions.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through its monthly establishment survey.
Historical Context
This trend is relevant for understanding the demand for temporary and contract workers, as well as the overall employment landscape in Idaho's professional and business services sector.
Key Facts
- Idaho's employment services industry accounts for over 10,000 jobs.
- Employment services grew by 5% in Idaho over the past year.
- The employment services sector makes up about 3% of Idaho's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the employment services industry, which includes temporary help services, professional employer organizations, and other employment-related activities, in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength and dynamics of Idaho's labor market, particularly the demand for temporary and contract workers, which is useful for economists and policymakers analyzing the state's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through its monthly establishment survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the overall employment landscape and labor market conditions in Idaho's professional and business services sector, which can inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Employment Services in Idaho (SMU16000006056130001SA), retrieved from FRED.