All Employees: Professional and Business Services: Employment Services in Montana
SMU30000006056130001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.20
Year-over-Year Change
5.13%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the professional and business services industry's employment services sector in Montana. It provides insights into the state's labor market and economic activity.
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 Montana trend tracks the total number of individuals employed in the employment services industry within the professional and business services sector in the state of Montana. This data is used by economists and policymakers to analyze the health and dynamics of Montana's labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the strength of Montana's professional services sector and labor market conditions.
Key Facts
- Montana's employment services sector employs over 10,000 workers.
- Employment in this sector has grown by 5% over the past year.
- The employment services industry makes up 2.5% of Montana's total non-farm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the employment services industry within the professional and business services sector in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and dynamics of Montana's labor market, which is important for economists, policymakers, and businesses operating in the state.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the strength of Montana's professional services sector and labor market conditions, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag, and may be subject to revision as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Employment Services in Montana (SMU30000006056130001), retrieved from FRED.