All Employees: Administrative and Support and Waste Management and Remediation Services in Hawaii
SMU15000006056000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.50
Year-over-Year Change
-2.14%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in Hawaii. It provides insight into the strength and growth of these important service sectors within the state's economy.
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: Administrative and Support and Waste Management and Remediation Services in Hawaii indicator tracks the total number of jobs in sectors that provide a wide range of day-to-day administrative and operational support functions. This data is used by economists and policymakers to assess the overall health and dynamics of Hawaii's service industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the performance of key service industries that support Hawaii's broader economy.
Key Facts
- Hawaii has over 50,000 workers in administrative and support services.
- This sector accounts for 8% of total employment in the state.
- Employment in this industry has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength and growth of important service sectors that support Hawaii's broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for understanding the performance of key service industries that support Hawaii's broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Administrative and Support and Waste Management and Remediation Services in Hawaii (SMU15000006056000001A), retrieved from FRED.