Employment for Other Services (Except Public Administration): Religious Organizations (NAICS 81311) in the United States
IPUUN81311W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.20
Year-over-Year Change
-6.74%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the religious organizations industry, which is part of the other services (except public administration) sector in the United States. This data provides insights into the labor market and economic activity within the religious organizations subsector.
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): Religious Organizations (NAICS 81311) in the United States trend tracks the number of people employed in religious organizations, such as churches, temples, mosques, and other religious institutions. This metric is used by economists and policymakers to assess the health and trends within the religious services industry.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through its monthly employment surveys.
Historical Context
This economic indicator is relevant for understanding the broader service sector and labor market dynamics in the United States.
Key Facts
- Religious organizations account for over 1.5 million jobs in the U.S.
- Employment in this sector has grown by 10% over the past decade.
- The religious organizations industry is a significant component of the broader other services sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in religious organizations, such as churches, temples, mosques, and other religious institutions in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market and economic activity within the religious organizations subsector, which is an important component of the broader service industry.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through its monthly employment surveys.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for understanding the broader service sector and labor market dynamics in the United States, which is important for policymakers and economists.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Religious Organizations (NAICS 81311) in the United States (IPUUN81311W010000000), retrieved from FRED.