All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Minnesota
SMU27000006561130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.37
Year-over-Year Change
0.14%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in private colleges, universities, and professional schools in Minnesota. It is a key indicator of the health and growth of the state's higher education 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: Education and Health Services: Private Colleges, Universities, and Professional Schools in Minnesota metric tracks the number of individuals employed in Minnesota's private postsecondary institutions. This data point is widely used by economists and policymakers to analyze labor market dynamics in the state's education industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of businesses and organizations.
Historical Context
Trends in private college and university employment provide insights into the broader higher education landscape and the state's economic competitiveness.
Key Facts
- Minnesota has over 60 private colleges and universities.
- The higher education sector employs over 100,000 Minnesotans.
- Private college and university employment has grown by 12% in the last decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals employed in private colleges, universities, and professional schools located in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and growth of Minnesota's private higher education sector, which is a key driver of the state's economy and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey of businesses and organizations.
Q: How is this trend used in economic policy?
A: Trends in private college and university employment are used by economists, policymakers, and institutions to analyze labor market dynamics, workforce development, and the competitiveness of Minnesota's higher education system.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Minnesota (SMU27000006561130001SA), retrieved from FRED.