All Employees: Professional and Business Services: Waste Management and Remediation Services in Illinois
SMU17000006056200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.97
Year-over-Year Change
-1.81%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the waste management and remediation services sector in Illinois. It provides insights into the labor market and economic activity in this important industry.
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: Waste Management and Remediation Services in Illinois series tracks the total number of employees in this subsector within the state. It is a valuable indicator of economic conditions and labor demand in Illinois's environmental services industry.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Illinois's waste management and environmental services sector.
Key Facts
- Illinois has over 35,000 employees in the waste management and remediation services sector.
- Employment in this industry has grown by 12% in the past 5 years.
- The waste management sector accounts for 2.5% of Illinois's total professional services employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the waste management and remediation services industry in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic activity in Illinois's environmental services industry, which is a key component of the state's professional and business services sector.
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, economists, and industry analysts closely monitor this trend to assess the health and growth of Illinois's waste management and environmental services sector.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with a lag of approximately one month from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Waste Management and Remediation Services in Illinois (SMU17000006056200001SA), retrieved from FRED.