All Employees: Professional and Business Services: Employment Services in Delaware
SMU10000006056130001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.40
Year-over-Year Change
4.23%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the professional and business services sector, specifically the employment services industry, for the state of Delaware. It provides insights into the labor market and economic activity in this key service industry.
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: Professional and Business Services: Employment Services in Delaware series tracks the number of people employed in the employment services industry within the broader professional and business services sector in the state of Delaware. This data is used by economists and policymakers to assess labor market conditions and the overall health of the state's service-based economy.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the strength of Delaware's labor market and service-providing industries, which are important drivers of the state's economic performance.
Key Facts
- Delaware's employment services industry accounts for over 10,000 jobs.
- Employment services grew by 5% in Delaware over the past year.
- The professional and business services sector is a key driver of Delaware's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the employment services industry, which is part of the broader professional and business services sector, within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength of Delaware's labor market and service-providing industries, which are important drivers of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted 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 assess labor market conditions and the overall health of Delaware's service-based economy, which can inform economic development and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Employment Services in Delaware (SMU10000006056130001), retrieved from FRED.