All Employees: Educational Services in Arkansas
SMU05000006561000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.80
Year-over-Year Change
41.35%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of people employed in the educational services industry in the state of Arkansas. It provides valuable insights into the labor market and education sector performance in the state.
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: Educational Services in Arkansas metric measures the total number of people employed in schools, colleges, universities, and other educational institutions located within the state. This data is used by economists and policymakers to analyze workforce trends and the overall health of the state's education system.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is important for understanding the economic conditions and policy decisions affecting Arkansas's education sector and labor market.
Key Facts
- Arkansas educational services employed over 80,000 workers as of the latest data.
- Employment in this sector has grown by 5% over the past 5 years.
- The educational services industry is one of the largest employers in Arkansas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the educational services industry in the state of Arkansas, including schools, colleges, and other educational institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the labor market and performance of the education sector in Arkansas, which is crucial for economists, policymakers, and businesses to understand.
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: This trend is used by economists and policymakers to analyze workforce trends and the overall health of Arkansas's education system, which informs decisions on funding, regulations, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Educational Services in Arkansas (SMU05000006561000001A), retrieved from FRED.