All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Nebraska
SMU31000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.50
Year-over-Year Change
-4.90%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the number of all employees in the professional and business services sector, specifically the administrative and support and waste management and remediation services industry, in the state of Nebraska. It provides valuable insights into the labor market and economic activity in this important service-oriented 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: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Nebraska metric measures the total number of employees engaged in administrative and support services, as well as waste management and remediation activities, in the state. This data is used by economists and policymakers to analyze trends in service-sector employment and the overall health of the Nebraska economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists and policymakers to assess the strength of the service industry and support service sectors in Nebraska.
Key Facts
- Nebraska's administrative and support services sector employs over 57,000 workers.
- This industry accounts for nearly 7% of total non-farm employment in the state.
- Employment in this sector has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees engaged in administrative and support services, as well as waste management and remediation activities, in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic activity in the service-oriented sectors of Nebraska's economy, which are crucial for understanding 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: This trend is closely monitored by economists and policymakers to assess the strength of the service industry and support service sectors in Nebraska, which can inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have some update delays, as is common with many economic indicators.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Nebraska (SMU31000006056000001), retrieved from FRED.