All Employees: Educational Services in Louisiana
SMU22000006561000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.00
Year-over-Year Change
32.65%
Date Range
1/1/1990 - 1/1/2024
Summary
The All Employees: Educational Services in Louisiana series measures the total number of people employed in the educational services industry in the state of Louisiana. This data is crucial for analyzing workforce trends and supporting policy decisions 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 monthly series provides a high-level view of employment in Louisiana's educational services industry, including schools, colleges, universities, and other educational institutions. It is used by economists, policymakers, and stakeholders to track the strength of the state's education workforce and inform decisions around funding, program development, and workforce planning.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in educational services employment can inform policy decisions around education budgets, teacher recruitment and retention, and the alignment of workforce skills with market demands.
Key Facts
- Louisiana's educational services industry employs over 200,000 people.
- Educational services account for approximately 10% of total nonfarm employment in Louisiana.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Educational Services in Louisiana series measures the total number of people employed in the educational services industry in the state of Louisiana, including schools, colleges, and other educational institutions.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for analyzing workforce trends and supporting policy decisions in the education sector, as it provides insights into the strength and stability of Louisiana's educational services industry.
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: Trends in educational services employment can inform policy decisions around education budgets, teacher recruitment and retention, and the alignment of workforce skills with market demands.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of one to two months.
Related Trends
Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Louisiana
SMU22000004000000002
Total Tax Exemptions Under Age 65 for Louisiana
LT65EXMLA22A647NCEN
Gross Domestic Product: Construction (23) in Louisiana
LACONSTNQGSP
State Government Tax Collections, Public Utilities - Selective Sales Taxes in Louisiana
LAUTILITAX
New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Louisiana
LABP1FHSA
Coefficient for Commercial Carbon Dioxide Emissions, Industrial Coking for Louisiana
EMISSCO2CCLCCBLAA
Citation
U.S. Federal Reserve, All Employees: Educational Services in Louisiana (SMU22000006561000001A), retrieved from FRED.