Employment for Administrative and Support and Waste Management and Remediation Services: Remediation and Other Waste Services (NAICS 5629) in the United States
IPUPN5629W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197.20
Year-over-Year Change
42.69%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the U.S. remediation and other waste services industry, providing insights into a crucial sector supporting environmental sustainability and waste management.
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: Remediation and Other Waste Services (NAICS 5629)' metric tracks the number of people employed in firms engaged in activities such as waste treatment and disposal, materials recovery, and environmental remediation services.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through establishment surveys.
Historical Context
This employment trend is used by policymakers, economists, and industry analysts to assess the state of the waste management and environmental services sector.
Key Facts
- The remediation and other waste services industry employs over 300,000 people in the U.S.
- This sector has seen steady job growth over the past decade.
- Demand for environmental services is driven by increased focus on sustainability and waste reduction.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the U.S. remediation and other waste services industry, which includes firms engaged in waste treatment, disposal, materials recovery, and environmental remediation.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insights into a crucial sector that supports environmental sustainability and waste management, making it relevant for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through establishment surveys.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers, economists, and industry analysts to assess the state of the waste management and environmental services sector.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Employment for Administrative and Support and Waste Management and Remediation Services: Remediation and Other Waste Services (NAICS 5629) in the United States (IPUPN5629W200000000), retrieved from FRED.