All Employees: Educational Services in Delaware
SMU10000006561000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
8.11%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the educational services industry in the state of Delaware. It provides valuable insights into the labor market and workforce dynamics in this key 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: Educational Services in Delaware series tracks the total employment in the educational services industry, including public and private schools, colleges, universities, and other educational institutions located in the state of Delaware.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Historical Context
This trend is used by economists, policymakers, and education stakeholders to analyze employment patterns and workforce trends in Delaware's education sector.
Key Facts
- Delaware's educational services industry employs over 30,000 workers.
- Employment in this sector has grown by 8% over the past 5 years.
- The educational services industry accounts for nearly 10% of Delaware's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the educational services industry in the state of Delaware, including public and private schools, colleges, and other educational institutions.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the labor market and workforce dynamics in Delaware's education sector, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and education stakeholders use this trend to analyze employment patterns and workforce trends in Delaware's education sector, which can inform policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months. There may be occasional revisions to previously reported figures.
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Citation
U.S. Federal Reserve, All Employees: Educational Services in Delaware (SMU10000006561000001A), retrieved from FRED.