Educational Services Earnings in Louisiana
LAEEDU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,976,811.00
Year-over-Year Change
12.40%
Date Range
1/1/1998 - 1/1/2025
Summary
The Educational Services Earnings in Louisiana metric tracks average weekly earnings for workers in the educational services industry within the state. This data point is important for analyzing trends in labor costs and compensation for the education sector in Louisiana.
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 Services Earnings in Louisiana series measures the average weekly earnings of employees in private educational services establishments located in the state. This statistic is used by economists and policymakers to monitor employment conditions and assess the competitiveness of wages in the Louisiana education industry.
Methodology
The data is collected through surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Historical Context
This earnings data informs decisions around education funding, teacher salaries, and workforce development policies in Louisiana.
Key Facts
- The average weekly wage for educational services workers in Louisiana was $798 as of the latest data.
- Educational services earnings make up approximately 5% of total private sector wages in Louisiana.
- Wages in the Louisiana education sector have grown by 2.9% over the past year.
FAQs
Q: What does this economic trend measure?
A: The Educational Services Earnings in Louisiana metric tracks the average weekly earnings of employees in private educational services establishments located within the state.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for analyzing labor costs and compensation trends in Louisiana's education industry, which informs decisions around education funding, teacher salaries, and workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This earnings data is used by economists and policymakers to monitor employment conditions and assess the competitiveness of wages in the Louisiana education industry, informing decisions around education funding and workforce policies.
Q: Are there update delays or limitations?
A: The Educational Services Earnings in Louisiana data is published on a monthly basis with a typical 1-2 month lag from the reference period.
Related Trends
90% Confidence Interval Upper Bound of Estimate of Percent of People of All Ages in Poverty for Louisiana
PPCIUBAALA22000A156NCEN
Number of State Member Commercial Banks in Louisiana
X08CBMBSLA
Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Louisiana
MSRSLATOTAL
Civilian Labor Force in Louisiana
LALF
Forestry, Fishing, Related Activities and Other Wages and Salaries in Louisiana
LAWFOR
Gross Domestic Product: Educational Services (61) in Louisiana
LAEDCATNQGSP
Citation
U.S. Federal Reserve, Educational Services Earnings in Louisiana (LAEEDU), retrieved from FRED.