All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Illinois
SMU17000008081300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.40
Year-over-Year Change
-1.21%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the 'Other Services' sector, specifically in religious, grantmaking, civic, professional, and similar organizations located in Illinois. It provides insights into the labor market and economic activity in this important service industry.
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: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Illinois' series tracks the number of people employed in these types of organizations within the state. It is a key indicator of the health and growth of this segment of the service economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to assess the broader service sector and nonprofit labor market conditions.
Key Facts
- Illinois employs over 350,000 people in the 'Other Services' sector.
- This segment accounts for nearly 5% of total non-farm employment in the state.
- Employment in religious, grantmaking, and civic organizations has grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in religious, grantmaking, civic, professional, and similar organizations located in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of the service and nonprofit sectors in Illinois, which are key drivers of the state's 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: Policymakers, economists, and industry analysts closely monitor this trend to assess broader service sector and nonprofit labor market conditions in Illinois.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Illinois (SMU17000008081300001), retrieved from FRED.