All Employees: Other Professional, Scientific, and Technical Services in Nebraska
SMU31000006054190001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.20
Year-over-Year Change
-7.46%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the professional, scientific, and technical services sector in Nebraska. It provides valuable insights into the state's knowledge-based economy 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: Other Professional, Scientific, and Technical Services in Nebraska' series tracks the number of people employed in occupations such as legal services, accounting, architecture, engineering, and scientific research. This data is a key indicator of economic activity and workforce trends in Nebraska's high-skill service industries.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, businesses, and economists to assess the vitality of Nebraska's professional services sector and its broader economic conditions.
Key Facts
- Nebraska's professional services sector employs over 90,000 people.
- Employment in this sector has grown by 15% over the past decade.
- Professional services account for nearly 10% of Nebraska's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in professional, scientific, and technical services occupations in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the vitality and growth of Nebraska's knowledge-based economy, which is an important driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, businesses, and economists closely monitor this employment trend to assess the strength of Nebraska's professional services sector and its broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of one to two months.
Related Trends
Value of Exports to Belgium from Nebraska
NEBELA052SCEN
All Employees: Mining, Logging, and Construction in Nebraska
SMS31000001500000001
All Employees: Manufacturing: Durable Goods: Miscellaneous Manufacturing in Nebraska
SMU31000003133900001SA
Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Nebraska
NETRANSWAREQGSP
State Government Tax Collections, Death and Gift Taxes in Nebraska
NEDTHGFTAX
State Government Tax Collections, Total Taxes in Nebraska
NETOTLTAX
Citation
U.S. Federal Reserve, All Employees: Other Professional, Scientific, and Technical Services in Nebraska (SMU31000006054190001A), retrieved from FRED.