All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Virginia
SMU51000006561130001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.20
Year-over-Year Change
10.65%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment levels in private colleges, universities, and professional schools in Virginia. It provides insight into the education and health services sector, a key component of the state's economy.
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 Virginia data series tracks the number of individuals employed in this industry within the state. It offers economists and policymakers a valuable indicator of activity and labor market trends in Virginia's higher education and professional training institutions.
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 used to analyze the performance and labor market dynamics of Virginia's private postsecondary education sector, which has implications for the state's economic competitiveness and workforce development.
Key Facts
- Virginia has over 100 private colleges and universities.
- Private postsecondary institutions employ over 60,000 workers in the state.
- Education and health services account for 15% of Virginia's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed at private colleges, universities, and professional schools in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the labor market and economic performance of Virginia's private higher education sector, which is an important component of the state's economy.
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, policymakers, and institutions to analyze the state of Virginia's private postsecondary education system and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and revisions of the Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Virginia (SMU51000006561130001), retrieved from FRED.