All Employees: Educational Services in North Carolina
SMU37000006561000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.40
Year-over-Year Change
45.01%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the educational services industry in North Carolina. It is a key indicator of the labor market and educational sector activity in the state.
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 in North Carolina series tracks the total employment levels in the educational services industry, which includes public and private schools, colleges, universities, and other educational institutions. This metric provides insights into the health and trends of North Carolina's education workforce.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of the education sector and inform decisions around funding, staffing, and educational policies.
Key Facts
- North Carolina has over 400,000 employees in the educational services industry.
- Educational services account for about 10% of the state's total nonfarm employment.
- Employment in this sector has grown by 8% over the past decade in North Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the educational services industry in the state of North Carolina, including public and private schools, colleges, and other educational institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and trends of the education sector workforce in North Carolina, which is crucial for policymakers, economists, and education stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of the education sector and inform decisions around funding, staffing, and educational policies in North Carolina.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Educational Services in North Carolina (SMU37000006561000001A), retrieved from FRED.