Employment for Other Services (Except Public Administration): Other Personal Services (NAICS 8129) in the United States
IPUUN8129W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.98
Year-over-Year Change
78.60%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the 'Other Personal Services' industry, a key component of the broader 'Other Services' sector in the United States. It provides insight into the labor market and economic activity within a diverse range of personal service businesses.
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 Other Services (Except Public Administration): Other Personal Services (NAICS 8129)' metric tracks the number of workers employed in industries such as personal care services, death care services, and other personal services. This data is used by economists and policymakers to monitor the health and trends within the service economy.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through establishment surveys.
Historical Context
This employment trend is closely watched as an indicator of consumer demand and overall economic conditions.
Key Facts
- The Other Personal Services industry employs over 1.3 million workers in the U.S.
- Employment in this sector has grown by over 10% in the past decade.
- The Other Personal Services industry includes businesses like hair salons, funeral homes, and pet care services.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the 'Other Personal Services' industry, which includes a diverse range of personal service businesses like hair salons, funeral homes, and pet care services.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the health and trends within the service economy, which is a key driver of overall economic activity in the United States.
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 closely watched by economists and policymakers as an indicator of consumer demand and overall economic conditions.
Q: Are there update delays or limitations?
A: The employment data is published monthly with minimal delays, providing timely insight into this sector of the economy.
Related Trends
Hours Worked for Other Services (Except Public Administration): Death Care Services (NAICS 8122) in the United States
IPUUN8122L200000000
Hourly Compensation for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320U120000000
Hours Worked for Other Services (Except Public Administration): Automotive Repair and Maintenance (NAICS 8111) in the United States
IPUUN8111L010000000
Employment for Other Services (Except Public Administration): Membership Associations and Organizations (NAICS 813) in the United States
IPUUN813W200000000
Sectoral Output Price Deflator for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 81231) in the United States
IPUUN81231T050000000
Hours Worked for Other Services (Except Public Administration): Private Households (NAICS 81411) in the United States
IPUUN81411L200000000
Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Other Personal Services (NAICS 8129) in the United States (IPUUN8129W010000000), retrieved from FRED.