All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in North Carolina
SMU37000006561130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.67
Year-over-Year Change
2.72%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in private colleges, universities, and professional schools in North Carolina. It provides insights into the health of the higher education sector and labor market 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: Education and Health Services: Private Colleges, Universities, and Professional Schools in North Carolina series tracks the number of people employed in these institutions. It is an important indicator of the economic strength and viability of the private higher education industry in the state.
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 performance of North Carolina's private higher education sector and its contributions to the state's economy.
Key Facts
- North Carolina has over 50 private colleges and universities.
- The private higher education sector employs over 50,000 people in the state.
- Employment in this sector has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed by private colleges, universities, and professional schools in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the economic health and performance of the private higher education sector in North Carolina, which is an important part of the state's economy.
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 strength of North Carolina's private higher education industry and its contribution to the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of one to two months.
Related Trends
All Employees: Transportation and Utilities: Utilities in North Carolina
SMU37000004322000001SA
Production or Nonsupervisory Employees: Manufacturing in North Carolina
SMU37000003000000006A
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in North Carolina
NCGOVQGSP
All Employees: Construction: Construction of Buildings in North Carolina
SMU37000002023600001
Housing Inventory: Price Reduced Count Month-Over-Month in North Carolina
PRIREDCOUMMNC
Value of Exports to United Kingdom from North Carolina
NCGBRA052SCEN
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in North Carolina (SMU37000006561130001SA), retrieved from FRED.