All Employees: Business, Professional, Labor, Political, and Similar Organizations in California
This dataset tracks all employees: business, professional, labor, political, and similar organizations in california over time.
Latest Value
40.80
Year-over-Year Change
0.25%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in business, professional, labor, political, and similar organizations located in the state of California. It provides insights into the size and composition of the labor force in these industries within 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: Business, Professional, Labor, Political, and Similar Organizations in California metric tracks the employment levels across a diverse set of organizations, including those involved in business services, professional associations, labor unions, and political advocacy groups. This data is used by economists and policymakers to understand the economic activity and labor market dynamics in California's professional and organizational sectors.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for analyzing the health of California's professional and organizational labor market and can inform economic and workforce development policies.
Key Facts
- California has the largest economy in the United States.
- The professional and organizational sector comprises a significant portion of the state's labor force.
- Employment trends in this sector can reflect broader economic conditions in California.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in business, professional, labor, political, and similar organizations located in the state of California.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the size and composition of the labor force in California's professional and organizational sectors, which can inform economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing the health of California's professional and organizational labor market and can inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, All Employees: Business, Professional, Labor, Political, and Similar Organizations in California (SMU06000008081390001A), retrieved from FRED.