All Employees: Education and Health Services: Private Educational Services in Rhode Island
SMU44000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.50
Year-over-Year Change
1.24%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of private education sector employees in Rhode Island. It is an important indicator of the state's educational services industry and can inform policymakers and analysts about workforce trends.
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 Educational Services in Rhode Island series tracks the total number of workers employed in the private education sector within the state. This metric provides insight into the scale and health of Rhode Island's private education industry.
Methodology
The data is collected through surveys of private businesses and establishments.
Historical Context
This trend is relevant for understanding the economic conditions and labor market in Rhode Island's education sector.
Key Facts
- Rhode Island has over 15,000 private education employees.
- The private education sector accounts for nearly 3% of Rhode Island's total employment.
- Employment in private education services has grown by 8% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the private education sector within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and performance of Rhode Island's private education industry, which is an important component of the state's overall economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts can use this trend to understand workforce and labor market conditions in Rhode Island's education sector, which can inform decisions about education funding, workforce development, and economic policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a 1-2 month lag in reporting the most recent figures.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Rhode Island (SMU44000006561000001), retrieved from FRED.