All Employees: Professional and Business Services: Employment Services in Missouri
SMU29000006056130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.99
Year-over-Year Change
-3.03%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures employment levels in the professional and business services sector, specifically in the employment services industry in Missouri. It provides insights into the state's labor market dynamics and economic conditions.
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: Employment Services in Missouri trend tracks the number of individuals employed in the employment services industry, which includes temporary help services, professional employer organizations, and other employment-related activities. This data is used by economists and policymakers to assess the health of the state's labor market and broader economic trends.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the demand for labor and the state of the economy in Missouri.
Key Facts
- Missouri's employment services industry employed over 60,000 workers as of the latest data.
- The employment services sector accounts for approximately 2% of total non-farm employment in Missouri.
- Employment in this industry has fluctuated with economic conditions, reflecting the demand for temporary and contract-based workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals employed in the employment services industry in Missouri, which includes temporary help services, professional employer organizations, and other employment-related activities.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health of Missouri's labor market and broader economic conditions, as the employment services industry is a key indicator of demand for temporary and contract-based workers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the state of the Missouri economy and labor market, which can inform policy decisions related to employment, workforce development, and economic growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be occasional delays or revisions due to the survey-based methodology.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Employment Services in Missouri (SMU29000006056130001SA), retrieved from FRED.