Employment for Other Services (Except Public Administration): Private Households (NAICS 814) in the United States
IPUUN814W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.86
Year-over-Year Change
-33.01%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the private household services industry, which includes a range of domestic and personal support services. It provides insight into the labor market for these important yet often overlooked occupations.
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 Other Services (Except Public Administration): Private Households (NAICS 814) indicator tracks the number of people employed in private households, performing tasks such as cooking, cleaning, and providing care. This data offers a window into the size and dynamics of this unique service sector.
Methodology
The data is collected through the U.S. Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Historical Context
This employment trend is useful for analyzing labor market conditions, consumer spending, and the overall health of the domestic services industry.
Key Facts
- Private household employment accounts for approximately 1% of total U.S. employment.
- The private household services sector was severely impacted by the COVID-19 pandemic.
- Domestic workers are overwhelmingly women and immigrants.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the private household services industry, which includes domestic workers, personal assistants, and other occupations that provide in-home support services.
Q: Why is this trend relevant for users or analysts?
A: This data offers insights into a unique and often overlooked segment of the labor market, providing important context for understanding employment dynamics, consumer spending, and the overall health of the domestic services industry.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: This employment trend is useful for policymakers, economists, and market analysts in evaluating labor market conditions, consumer spending patterns, and the overall state of the domestic services industry.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential revisions as other employment statistics collected through the CES survey.
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Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Private Households (NAICS 814) in the United States (IPUUN814W010000000), retrieved from FRED.