Employment for Educational Services: Educational Support Services (NAICS 611710) in the United States
IPUQN611710W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
266.20
Year-over-Year Change
48.63%
Date Range
1/1/1987 - 1/1/2024
Summary
This trend measures employment in the educational support services industry in the United States, which includes jobs in tutoring, test preparation, and other educational support activities.
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 Educational Support Services employment series provides insights into the labor market for a key sector that supports the education system. It is used by economists and policymakers to understand trends in the education industry and its role in the broader economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This metric helps inform education and workforce policies aimed at strengthening the education system and preparing students for future careers.
Key Facts
- Educational support services include tutoring, test preparation, and other supplemental education activities.
- This industry employed over 700,000 workers in the U.S. as of the latest data.
- Employment in educational support services has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the educational support services industry, which includes jobs in tutoring, test preparation, and other supplemental education activities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market for a key sector that supports the education system, which is crucial for understanding trends in the education industry and its role in the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: This metric helps inform education and workforce policies aimed at strengthening the education system and preparing students for future careers.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, Employment for Educational Services: Educational Support Services (NAICS 611710) in the United States (IPUQN611710W200000000), retrieved from FRED.