All Employees: Educational Services: Colleges, Universities, and Professional Schools in Indiana
This dataset tracks all employees: educational services: colleges, universities, and professional schools in indiana over time.
Latest Value
27.00
Year-over-Year Change
-24.58%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures employment in colleges, universities, and professional schools within the educational services industry in Indiana. It is an important indicator of the state's educational sector 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: Colleges, Universities, and Professional Schools in Indiana trend represents the number of people employed in higher education institutions across the state. This data point is widely used by economists and policymakers to analyze workforce and demand trends in the state's education industry.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend informs decisions about educational funding, workforce development, and economic policy in Indiana.
Key Facts
- Indiana has over 50 colleges and universities.
- Educational services account for over 4% of Indiana's total employment.
- Employment in Indiana's higher education sector has grown 7% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in colleges, universities, and professional schools within the educational services industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the labor market and workforce conditions in Indiana's education sector, which is an important part of the state's economy.
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: This employment trend informs decisions about educational funding, workforce development, and broader economic policy in Indiana.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Educational Services: Colleges, Universities, and Professional Schools in Indiana (SMU18000006561130001A), retrieved from FRED.