All Employees: Information: Telecommunications in Illinois
SMU17000005051700001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.20
Year-over-Year Change
1.04%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the telecommunications industry in Illinois. It is an important indicator of the health and activity of this sector within the state's economy.
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: Information: Telecommunications in Illinois metric tracks the monthly employment levels for the telecommunications industry across the state. This data provides insight into broader trends in technology, infrastructure investment, and labor market conditions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts use this information to assess the performance and outlook for Illinois' telecommunications sector.
Key Facts
- Illinois is a major hub for telecommunications companies and infrastructure.
- Employment in this sector has remained relatively stable over the past decade.
- Telecommunications jobs account for a sizable share of total nonfarm employment in Illinois.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the telecommunications industry across the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and activity of Illinois' telecommunications sector, which is an important part of the state's economy and technology infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this information to assess the performance and outlook for Illinois' telecommunications sector, which informs decisions around infrastructure investment, workforce development, and regulatory oversight.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the reference period. There may also be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Information: Telecommunications in Illinois (SMU17000005051700001SA), retrieved from FRED.