All Employees: Education and Health Services: Private Educational Services in Connecticut
SMS09000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.20
Year-over-Year Change
-0.54%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the number of private educational services employees in Connecticut. It provides insights into the state's education sector and labor market conditions.
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 All Employees: Education and Health Services: Private Educational Services in Connecticut series tracks the employment levels in Connecticut's private education industry. This data is used by economists and policymakers to analyze workforce trends and assess the state's economic performance in the education services sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the health of Connecticut's private education market and informing policy decisions.
Key Facts
- Connecticut has over 50,000 private education services employees.
- Private education services account for 20% of the state's total education and health services workforce.
- Employment in this sector has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in private educational services within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and growth of Connecticut's private education sector, which is an important part of the state's economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by economists and policymakers to analyze workforce dynamics and inform decisions related to the education sector in Connecticut.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Connecticut (SMS09000006561000001), retrieved from FRED.