All Employees: Administrative and Support and Waste Management and Remediation Services in Delaware
SMU10000006056000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.70
Year-over-Year Change
31.05%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in Delaware. It provides insights into the labor market and economic activity in these key service sectors.
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 Delaware metric tracks the employment levels in a range of business support functions, including office administration, facilities management, security, and waste disposal services. This data helps analysts assess the strength and trends in Delaware's service economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this indicator to monitor the health of Delaware's service industries and their contribution to overall economic performance.
Key Facts
- Delaware's administrative and support services employ over 43,000 workers.
- This sector accounts for over 9% of total non-farm employment in the state.
- Employment in these services has grown by 12% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in Delaware.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the labor market and economic activity in these key service sectors, which are important contributors to Delaware's overall economic performance.
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 economists use this indicator to monitor the health of Delaware's service industries and their contribution to the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short lag, providing timely insights into employment trends in these service sectors.
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Citation
U.S. Federal Reserve, All Employees: Administrative and Support and Waste Management and Remediation Services in Delaware (SMU10000006056000001A), retrieved from FRED.