All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in District of Columbia
SMU11000006561130001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.40
Year-over-Year Change
-2.97%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of private college, university, and professional school employees in the District of Columbia. It provides insights into the size and health of the region's higher education 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: Education and Health Services: Private Colleges, Universities, and Professional Schools in District of Columbia metric tracks the employment levels at private post-secondary institutions in the nation's capital. This data point is useful for analyzing the economic impact and job market dynamics of the district's academic institutions.
Methodology
The data is collected through surveys of private educational establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economic analysts utilize this trend to evaluate the strength of the District of Columbia's education industry and its contribution to the local job market.
Key Facts
- The DC region has over 30 colleges and universities.
- Private post-secondary institutions employ over 30,000 people locally.
- Education is a key economic driver for the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees at private colleges, universities, and professional schools located in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the size and economic importance of the District's higher education sector, which is a major local employer and contributor to the regional economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private educational establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this trend to evaluate the strength of the District of Columbia's education industry and its contribution to the local job market.
Q: Are there update delays or limitations?
A: The data is reported monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in District of Columbia (SMU11000006561130001), retrieved from FRED.