Employment for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 56172) in the United States
IPUPN56172W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.19
Year-over-Year Change
11.58%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the janitorial services industry, a subset of the administrative and support services sector. It provides insight into the demand for cleaning and maintenance services, which is a key indicator of business activity and economic conditions.
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 janitorial services employment trend tracks the number of workers engaged in providing cleaning, maintenance, and general facility support services to commercial and institutional clients. This data offers economists and policymakers a view into the health of the services industry and can signal broader trends in the broader economy.
Methodology
The data is collected and published monthly by the U.S. Bureau of Labor Statistics as part of its Current Employment Statistics program.
Historical Context
Monitoring janitorial services employment is relevant for understanding the state of the commercial real estate market, business investment, and the overall services sector.
Key Facts
- Janitorial services account for over 1.5 million U.S. jobs.
- Employment in this sector has remained relatively stable over the past decade.
- Janitorial services are a leading indicator of business activity and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the janitorial services industry, which is a subset of the broader administrative and support services sector.
Q: Why is this trend relevant for users or analysts?
A: Monitoring janitorial services employment provides insights into the health of the commercial real estate market, business investment, and the overall services sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Bureau of Labor Statistics as part of its Current Employment Statistics program.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess the state of the services industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, Employment for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 56172) in the United States (IPUPN56172W010000000), retrieved from FRED.