All Employees: Administrative and Support and Waste Management and Remediation Services in Arkansas
This dataset tracks all employees: administrative and support and waste management and remediation services in arkansas over time.
Latest Value
68.80
Year-over-Year Change
23.96%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the number of all employees in the administrative and support and waste management and remediation services industry in Arkansas. It provides important insights into the state's service sector and labor market dynamics.
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: Administrative and Support and Waste Management and Remediation Services in Arkansas series measures the total number of workers employed in this diverse industry, which includes activities like office administration, facilities support, waste collection, and environmental remediation. This data is a key indicator of economic activity and labor market conditions in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, analysts, and businesses to understand broader economic and workforce trends in Arkansas.
Key Facts
- Arkansas has over 100,000 workers in the administrative and waste services industry.
- This sector accounts for around 7% of total nonfarm employment in the state.
- Employment levels in this industry have grown by 20% over the past decade in Arkansas.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees working in the administrative, support, waste management, and remediation services industry in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the service sector and overall labor market conditions in Arkansas, which is crucial information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment trend to understand broader economic and workforce dynamics in Arkansas, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months, providing timely information on the state's service sector employment.
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Citation
U.S. Federal Reserve, All Employees: Administrative and Support and Waste Management and Remediation Services in Arkansas (SMU05000006056000001A), retrieved from FRED.