All Employees, Legal Services
CES6054110001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,199.90
Year-over-Year Change
0.79%
Date Range
1/1/1990 - 7/1/2025
Summary
Tracks total employment in the legal services sector, providing critical insights into the professional services labor market. Reflects economic health and demand for legal professionals.
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 the number of employees working in legal services across the United States. Indicates economic activity and workforce trends in the legal industry.
Methodology
Bureau of Labor Statistics collects monthly employment data through establishment surveys.
Historical Context
Used by policymakers and economists to assess professional services sector performance.
Key Facts
- Reflects comprehensive legal sector employment
- Monthly updated employment indicator
- Critical economic performance metric
FAQs
Q: What does this employment index measure?
A: Total number of employees in legal services across the United States. Tracks workforce size and industry trends.
Q: How often is this data updated?
A: Monthly updates provide current employment snapshots. Collected through comprehensive establishment surveys.
Q: Why is legal services employment important?
A: Indicates economic health, professional services demand, and potential business activity levels.
Q: How can investors use this data?
A: Assess professional services sector performance and potential economic trends in legal industries.
Q: Are part-time workers included?
A: Full-time and part-time employees are included in the comprehensive employment count.
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Citation
U.S. Federal Reserve, All Employees, Legal Services (CES6054110001), retrieved from FRED.