Employment for Educational Services: Colleges, Universities, and Professional Schools (NAICS 61131) in the United States
Thousands of Jobs
IPUQN61131W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,757.10
Year-over-Year Change
3.67%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' trend measures the total number of jobs in the U.S. manufacturing sector. This key metric provides insights into the health and growth of the broader 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 'Thousands of Jobs' series tracks the number of individuals employed in the manufacturing industry in the United States. This data is used by economists and policymakers to assess economic conditions, labor market trends, and the impact of policy decisions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing jobs account for approximately 8% of total U.S. employment.
- The 'Thousands of Jobs' trend has seen both growth and decline over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' trend measures the total number of individuals employed in the manufacturing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and performance of the broader economy, as manufacturing is a key driver of economic growth and activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Thousands of Jobs' trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months between the reference period and the publication of the statistics.
Related Trends
Employment for Educational Services: Educational Support Services (NAICS 6117) in the United States
IPUQN6117W010000000
Hours Worked for Educational Services: Educational Support Services (NAICS 61171) in the United States
IPUQN61171L010000000
Employment for Educational Services: Technical and Trade Schools (NAICS 61151) in the United States
IPUQN61151W010000000
Hours Worked for Educational Services: Educational Services (NAICS 61) in the United States
IPUQN61L201000000
Employment for Educational Services: Elementary and Secondary Schools (NAICS 61111) in the United States
IPUQN61111W010000000
Hours Worked for Educational Services: Junior Colleges (NAICS 61121) in the United States
IPUQN61121L200000000
Citation
U.S. Federal Reserve, Thousands of Jobs (IPUQN61131W200000000), retrieved from FRED.