Nonfarm Private Payroll Employment for Professional and Business Services

ADPWINDPROBUSNERSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

22,632,000.00

Year-over-Year Change

-0.31%

Date Range

1/9/2010 - 6/14/2025

Summary

Tracks employment levels in professional and business services sector. Provides crucial insights into knowledge economy workforce dynamics.

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

Measures monthly changes in professional services employment across private sector businesses. Indicates service industry growth and economic transformation.

Methodology

Data collected through comprehensive payroll and employment surveys of private businesses.

Historical Context

Used by economists to assess service sector strength and economic innovation potential.

Key Facts

  • Reflects monthly professional services workforce changes
  • Indicates knowledge economy growth
  • Critical for understanding service sector dynamics

FAQs

Q: What professional services are included?

A: Covers consulting, technology, legal, administrative, and other professional business services.

Q: Why track professional services employment?

A: Reveals economic innovation, technological advancement, and knowledge economy transformation.

Q: How often is this data updated?

A: Monthly updates provide current snapshot of professional services employment trends.

Q: What influences professional services employment?

A: Technological innovation, digital transformation, and global business trends impact employment.

Q: How reliable is this employment data?

A: Collected through comprehensive surveys, providing statistically robust employment insights.

Related Trends

Citation

U.S. Federal Reserve, Nonfarm Private Payroll Employment for Professional and Business Services (ADPWINDPROBUSNERSA), retrieved from FRED.