All Employees: Educational Services in Hawaii
SMU15000006561000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.50
Year-over-Year Change
-5.23%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of people employed in the educational services industry in Hawaii. It is an important indicator of the state's education sector performance and labor market conditions.
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 Hawaii metric tracks the total employment levels within Hawaii's education industry, including public and private schools, colleges, and other educational institutions. This data provides insights into the health and growth of the local education workforce.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and education stakeholders to analyze the Hawaii labor market and education industry.
Key Facts
- Hawaii's educational services industry employs over 35,000 workers.
- Employment in this sector has grown by 7% over the past 5 years.
- The education industry accounts for over 5% of total employment in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the educational services industry in the state of Hawaii, including both public and private education institutions.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance and labor market conditions of Hawaii's education sector, which is a key driver of the state's economy and workforce.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and education stakeholders use this trend to analyze the health and growth of Hawaii's education industry and labor market, informing policy decisions and investments.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, All Employees: Educational Services in Hawaii (SMU15000006561000001A), retrieved from FRED.