All Employees: Professional and Business Services: Administrative and Support Services in Illinois
SMU17000006056100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
381.20
Year-over-Year Change
-1.65%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in administrative and support services in Illinois, which are key components of the professional and business services sector. It provides insights into the health and growth of these service-based industries 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: Professional and Business Services: Administrative and Support Services in Illinois metric tracks the number of people employed in a range of support functions like office administration, facilities management, and other business operations. This data is used by economists and policymakers to assess labor market conditions and the broader service economy in Illinois.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in administrative and support services employment are closely watched as indicators of overall business activity and confidence.
Key Facts
- Illinois has over 450,000 administrative and support services workers.
- This sector accounts for nearly 10% of total nonfarm employment in the state.
- Administrative and support services jobs have grown by over 15% in Illinois since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment levels in administrative and support services occupations in Illinois, which include roles like office administration, facilities management, and other business operations support functions.
Q: Why is this trend relevant for users or analysts?
A: Trends in administrative and support services employment are closely watched as they provide insights into the overall health and growth of the service-based professional and business sectors in Illinois.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to assess labor market conditions, business confidence, and broader economic activity in Illinois.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support Services in Illinois (SMU17000006056100001), retrieved from FRED.