All Employees: Educational Services: Colleges, Universities, and Professional Schools in the District of Columbia
SMU11000006561130001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.10
Year-over-Year Change
-7.02%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the educational services industry, specifically colleges, universities, and professional schools located in the District of Columbia. It provides insight into the labor market and economic activity in the education sector of the nation's capital.
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: Colleges, Universities, and Professional Schools in the District of Columbia series tracks the monthly employment levels in this key industry. It is an important indicator of the health and stability of the education sector, which is a major employer and economic driver in the DC region.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and education industry analysts to assess economic conditions and labor market trends.
Key Facts
- The education sector is a major employer in the District of Columbia.
- Employment in DC's colleges and universities has fluctuated over the past decade.
- Tracking this trend helps assess the economic health of the education industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the educational services industry, specifically colleges, universities, and professional schools located in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the labor market and economic activity in the education sector of the nation's capital, which is a major industry and employer in the region.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and education industry analysts to assess economic conditions and labor market trends in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve with typical update delays.
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Citation
U.S. Federal Reserve, All Employees: Educational Services: Colleges, Universities, and Professional Schools in the District of Columbia (SMU11000006561130001A), retrieved from FRED.