All Employees: Private Service Providing in Pennsylvania
Annual, Not Seasonally Adjusted
SMU42000000800000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,597.50
Year-over-Year Change
10.42%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures annual employment in the private education services industry in the United States, providing insight into workforce trends in this 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 annual, not seasonally adjusted employment data for the private education services industry offers a high-level view of staffing levels and changes over time in this important economic sector. This metric is useful for analyzing long-term employment patterns and informing workforce planning.
Methodology
The data is collected through surveys of private employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and education industry analysts monitor this employment trend to understand labor market dynamics in the private education services sector.
Key Facts
- The private education services industry employs over 3 million workers in the U.S.
- Employment in this sector has grown by over 10% in the past decade.
- Teaching and administrative roles make up the majority of jobs in private education services.
FAQs
Q: What does this economic trend measure?
A: This series measures annual employment levels in the private education services industry in the United States, which includes private schools, colleges, and other educational institutions.
Q: Why is this trend relevant for users or analysts?
A: The private education services employment trend provides important insights into labor market dynamics and workforce trends in this key economic sector, which is useful for policymakers, industry analysts, and education stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and education industry analysts monitor this employment trend to understand labor market conditions and workforce needs in the private education services sector, which can inform policy decisions and planning.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data is published with a delay of several months, so it may not reflect the most recent employment conditions in the private education services industry.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU42000000800000001A), retrieved from FRED.