All Employees: Professional and Business Services: Waste Management and Remediation Services in Illinois
SMU17000006056200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.30
Year-over-Year Change
-1.81%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the number of employees in the waste management and remediation services industry in Illinois, which is an important indicator of economic activity and environmental management.
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: Professional and Business Services: Waste Management and Remediation Services in Illinois series measures the total number of employees in this industry within the state, providing insights into the scale and health of this sector.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for assessing Illinois' waste and environmental services industry and informing related policy decisions.
Key Facts
- Illinois has over 20,000 waste management and remediation services employees.
- This industry accounts for approximately 1% of Illinois' total nonfarm employment.
- Employment in this sector has grown by 8% in Illinois over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the waste management and remediation services industry within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the scale and performance of Illinois' environmental services industry, which is crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend informs policymakers and stakeholders about the size and growth of Illinois' waste management industry, which can guide environmental regulations, infrastructure investments, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions based on updated survey responses.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Waste Management and Remediation Services in Illinois (SMU17000006056200001), retrieved from FRED.