All Employees: Transportation and Utilities: Transit and Ground Passenger Transportation in Illinois
SMU17000004348500001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.20
Year-over-Year Change
27.27%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the transit and ground passenger transportation industry in Illinois. It provides insights into the labor market and economic activity within this key transportation 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: Transportation and Utilities: Transit and Ground Passenger Transportation in Illinois series tracks the total nonfarm employment in companies that provide passenger transportation, such as buses, taxis, and other local transit services. This metric is used to analyze workforce trends and the overall health of the transportation industry within the state.
Methodology
The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts monitor this trend to gauge the economic performance and labor market conditions in Illinois's transit and passenger transportation sector.
Key Facts
- Illinois has over 20,000 transit and ground passenger transportation employees.
- This industry accounts for approximately 1% of total nonfarm employment in the state.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the transit and ground passenger transportation industry in Illinois, including bus, taxi, and other local transit services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and performance of a key transportation sector, which is important for understanding overall economic activity and labor market conditions in Illinois.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to gauge the economic performance and labor market conditions in Illinois's transit and passenger transportation sector, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, and may be subject to revision as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Transit and Ground Passenger Transportation in Illinois (SMU17000004348500001), retrieved from FRED.