All Employees: Educational Services: Colleges, Universities, and Professional Schools in Massachusetts
SMU25000006561130001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.00
Year-over-Year Change
19.85%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the educational services industry, specifically in colleges, universities, and professional schools located in Massachusetts. It provides insight into the labor market and economic activity within the state's higher 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
The All Employees: Educational Services: Colleges, Universities, and Professional Schools in Massachusetts series tracks the monthly employment levels at these institutions in the state. This data is useful for analyzing trends in the education industry, labor market dynamics, and the overall economic health of the region.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and education industry analysts to understand the economic conditions and workforce trends in Massachusetts.
Key Facts
- Massachusetts is home to many prestigious colleges and universities.
- The educational services industry is a major employer in the state.
- Employment levels in this sector can reflect broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the educational services industry, specifically at colleges, universities, and professional schools located in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insights into the labor market and economic activity within the higher education sector in Massachusetts, which is an important industry in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and education industry analysts to understand the economic conditions and workforce trends in Massachusetts.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of a few weeks.
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Citation
U.S. Federal Reserve, All Employees: Educational Services: Colleges, Universities, and Professional Schools in Massachusetts (SMU25000006561130001A), retrieved from FRED.