All Employees: Educational Services: Colleges, Universities, and Professional Schools in Louisiana
SMU22000006561130001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.00
Year-over-Year Change
42.86%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the educational services sector, specifically in colleges, universities, and professional schools located in Louisiana. It provides insights into the labor market and economic activity in the state's higher education 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: Educational Services: Colleges, Universities, and Professional Schools in Louisiana trend tracks the monthly employment levels in this key sector of the Louisiana economy. It is used by economists, policymakers, and education stakeholders to monitor workforce trends and assess the overall health of the state's higher education institutions.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses and establishments.
Historical Context
This trend is relevant for understanding the broader economic and policy environment surrounding Louisiana's higher education system and its impact on the state's workforce and economy.
Key Facts
- Louisiana has over 30 colleges and universities.
- The educational services sector employs over 100,000 people in Louisiana.
- Higher education is a key contributor to the state's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the educational services sector, specifically in colleges, universities, and professional schools located in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic activity in Louisiana's higher education industry, which is a significant contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses and establishments.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and education stakeholders to monitor workforce trends and assess the overall health of Louisiana's higher education system, which has implications for the state's broader economic and policy environment.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delays in data reporting and potential limitations in survey coverage.
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Citation
U.S. Federal Reserve, All Employees: Educational Services: Colleges, Universities, and Professional Schools in Louisiana (SMU22000006561130001A), retrieved from FRED.