All Employees: Education and Health Services: Private Educational Services in Ohio
SMS39000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.70
Year-over-Year Change
2.46%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the private educational services industry in Ohio. It provides insight 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 Ohio metric tracks the total number of workers employed in private schools, colleges, universities, and other educational institutions within the state. It is a key indicator of activity and growth in Ohio's private education industry.
Methodology
This data is collected through monthly surveys of private-sector employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to evaluate the health and labor dynamics of Ohio's private education system.
Key Facts
- Ohio has over 235,000 private education employees.
- This sector accounts for 4.1% of total private employment in the state.
- Private education jobs in Ohio have grown 8.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the private educational services industry within the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market and economic conditions of Ohio's private education sector, which is an important part of the state's economy and educational infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of private-sector employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the health and labor dynamics of Ohio's private education system, which can inform decisions around education funding, workforce development, and economic policy.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Ohio (SMS39000006561000001), retrieved from FRED.