Employment for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 561720) in the United States
IPUPN561720W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
128.57%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures employment in the janitorial services industry, a key component of the broader administrative and support services sector in the United States. Understanding this metric is important for analyzing labor market dynamics and the health of the services 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 Employment for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 561720) in the United States trend tracks the number of workers employed in the janitorial services industry. This data provides insight into the demand for cleaning and maintenance services across various businesses and organizations.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Janitorial services employment is a useful indicator for monitoring the strength of the services sector and broader economic activity.
Key Facts
- Janitorial services account for over 2 million jobs in the U.S.
- Employment in this sector has grown by 10% over the past decade.
- The janitorial services industry is a leading employer of low-wage workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the janitorial services industry, which is part of the broader administrative and support services sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring janitorial services employment provides insight into the health of the services sector and broader economic activity, as demand for these services is closely tied to overall business and organizational operations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Janitorial services employment is used by economists and policymakers to gauge the strength of the services sector and overall economic conditions, which can inform decisions related to fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short lag, providing timely information on trends in this industry.
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Citation
U.S. Federal Reserve, Employment for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 561720) in the United States (IPUPN561720W201000000), retrieved from FRED.