Employment for Administrative and Support and Waste Management and Remediation Services: Employment Services (NAICS 5613) in the United States

IPUPN5613W200000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,353.40

Year-over-Year Change

6.40%

Date Range

1/1/1987 - 1/1/2024

Summary

This economic trend measures employment in the administrative and support services industry, specifically the employment services sector (NAICS 5613) in the United States. It provides insights into the labor market and service industry 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 Employment for Administrative and Support and Waste Management and Remediation Services: Employment Services (NAICS 5613) in the United States metric tracks the number of employees in the employment services industry, which includes temporary help services, professional employer organizations, and other employment-related services. This data is used by economists and policymakers to analyze labor market dynamics and the health of the service sector.

Methodology

The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This trend is relevant for understanding the state of the labor market and the demand for employment-related services, which can inform economic policy decisions.

Key Facts

  • Employment services is a key part of the administrative and support services industry.
  • The employment services sector includes temporary help services and professional employer organizations.
  • This trend provides insights into the demand for labor and the health of the service sector.

FAQs

Q: What does this economic trend measure?

A: This trend measures employment in the employment services sector (NAICS 5613), which includes temporary help services, professional employer organizations, and other employment-related services in the United States.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the labor market and the demand for employment-related services, which is important for understanding the health of the service sector and informing economic policy decisions.

Q: How is this data collected or calculated?

A: The data is collected through surveys 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 and policymakers to analyze labor market dynamics and the health of the service sector, which can inform economic policy decisions.

Q: Are there update delays or limitations?

A: The data is subject to the publication schedule and methodological limitations of the U.S. Bureau of Labor Statistics surveys.

Related Trends

Citation

U.S. Federal Reserve, Employment for Administrative and Support and Waste Management and Remediation Services: Employment Services (NAICS 5613) in the United States (IPUPN5613W200000000), retrieved from FRED.