All Employees: Employment Services in Delaware
SMU10000006056130001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.60
Year-over-Year Change
15.15%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator tracks the total number of employees in the employment services industry in the state of Delaware. It provides insights into the labor market and staffing trends within this key service sector.
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: Employment Services in Delaware metric measures the total number of workers employed in firms that provide temporary help, professional employer, and other employment-related services. This data helps analysts and policymakers understand the state's labor dynamics and staffing needs.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator is used to assess the strength of Delaware's labor market and can inform economic and workforce development policies.
Key Facts
- Employment services is a major industry in Delaware.
- This metric has shown steady growth over the past decade.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the employment services industry in Delaware, including temporary help, professional employer, and other employment-related services.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength and dynamics of Delaware's labor market, which is crucial for economic and workforce development planning.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator can inform policymakers and analysts about the state of Delaware's labor market and staffing needs, which can then be used to develop effective economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, All Employees: Employment Services in Delaware (SMU10000006056130001A), retrieved from FRED.