All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Connecticut
SMU09000006561130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.29
Year-over-Year Change
-0.44%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the total number of private college, university, and professional school employees in Connecticut. It provides insight into the employment conditions in the education and health services sector of the state's economy.
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 Colleges, Universities, and Professional Schools in Connecticut data series tracks the monthly total nonfarm employment in the private education and health services industry in Connecticut. This metric is a key indicator of the vitality and growth of the state's higher education and training sectors.
Methodology
The data is collected through surveys of private establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by policymakers, economists, and analysts to monitor the labor market conditions in Connecticut's education services industry.
Key Facts
- Connecticut has over 40 private colleges and universities.
- The education and health services sector accounts for over 20% of the state's total employment.
- Private higher education is a major economic driver in Connecticut.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees at private colleges, universities, and professional schools in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market conditions and economic importance of the private higher education sector in Connecticut.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts use this employment trend to monitor the labor market conditions in Connecticut's education services industry.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with typical release lags of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Connecticut (SMU09000006561130001SA), retrieved from FRED.