All Employees: Employment Services in Hawaii
This dataset tracks all employees: employment services in hawaii over time.
Latest Value
8.40
Year-over-Year Change
-6.67%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the employment services industry in Hawaii. It provides insight into the state's labor market and the demand for temporary and contract workers.
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 Hawaii trend tracks the monthly employment levels in the employment services sector, which includes temporary help services, professional employer organizations, and other employee placement activities. This data is used by economists and policymakers to analyze the health of Hawaii's labor market and the demand for flexible work arrangements.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Hawaii's economic conditions and informing workforce and labor policies.
Key Facts
- Hawaii's employment services industry employs over 10,000 workers.
- The trend has seen steady growth since the Great Recession.
- Employment services is a leading indicator of overall labor market conditions.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Employment Services in Hawaii trend measures the total number of workers employed in the employment services industry in the state, including temporary help services and professional employer organizations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health of Hawaii's labor market and the demand for flexible work arrangements. It is a leading indicator that can inform economic and workforce policies.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to understand the state of Hawaii's labor market and the demand for temporary and contract workers, which can inform workforce development and employment policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Employment Services in Hawaii (SMU15000006056130001A), retrieved from FRED.