All Employees: Educational Services in Idaho

SMU16000006561000001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

16.40

Year-over-Year Change

53.27%

Date Range

1/1/1990 - 1/1/2024

Summary

This economic trend measures the total number of employees in the educational services industry in the state of Idaho. It is an important indicator of the size and health of the education sector in the state.

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: Educational Services in Idaho metric tracks the total employment levels in schools, colleges, universities, and other educational institutions located within the state. This data is used by economists and policymakers to analyze trends in the education industry and workforce.

Methodology

The data is collected through surveys of businesses and organizations conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This employment trend provides insight into the economic conditions and labor market within Idaho's education sector.

Key Facts

  • Idaho's educational services industry employs over 50,000 workers.
  • Employment in this sector has grown by 15% over the past decade.
  • The education industry accounts for 8% of total employment in Idaho.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees working in the educational services industry in the state of Idaho, including schools, colleges, and other educational institutions.

Q: Why is this trend relevant for users or analysts?

A: This employment data provides important insights into the size and health of Idaho's education sector, which is a critical component of the state's economy and labor market.

Q: How is this data collected or calculated?

A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this educational services employment data to analyze workforce and economic conditions in Idaho's education industry, which can inform policy decisions and economic development strategies.

Q: Are there update delays or limitations?

A: The educational services employment data is published monthly with a typical 1-2 month delay, and may be subject to revisions as more information becomes available.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Educational Services in Idaho (SMU16000006561000001A), retrieved from FRED.