All Employees: Educational Services in Indiana
This dataset tracks all employees: educational services in indiana over time.
Latest Value
59.60
Year-over-Year Change
-9.28%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Educational Services in Indiana' trend measures the total number of people employed in the educational services industry in the state of Indiana. This metric is a key indicator of economic activity and labor market conditions in the education sector.
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
This series tracks the total nonfarm payroll employment in the educational services industry, which includes public and private schools, colleges, universities, and training centers. It is a valuable data point for analyzing workforce trends, policy decisions, and investment in Indiana's education system.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the health and growth of Indiana's education industry and its contributions to the broader state economy.
Key Facts
- Indiana's educational services industry employs over 200,000 workers.
- Employment in this sector has grown by 5% over the past 5 years.
- The education industry accounts for 7% of Indiana's total nonfarm employment.
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 Indiana, including public and private schools, colleges, and training centers.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of the health and growth of Indiana's education sector, which is a key contributor to the state's economy and labor market.
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 and economists use this trend to assess workforce trends, inform policy decisions, and evaluate investments in Indiana's education system.
Q: Are there update delays or limitations?
A: The data is updated monthly, with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Educational Services in Indiana (SMU18000006561000001A), retrieved from FRED.