All Employees: Employment Services in Nebraska
SMU31000006056130001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.30
Year-over-Year Change
27.34%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the employment services industry in Nebraska. It is an important indicator of labor market conditions and business activity in the state.
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: Employment Services in Nebraska metric tracks the total number of workers employed in establishments that provide services such as temporary help, employee placement, and professional employer organizations. This data helps analyze workforce trends and support policy decisions.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by economists, policymakers, and businesses to monitor labor market dynamics and economic conditions in Nebraska.
Key Facts
- Nebraska's employment services industry employs over 30,000 workers.
- Employment in this sector has grown by 15% over the past 5 years.
- The industry accounts for 3% of total nonfarm employment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the employment services industry in Nebraska, including temporary help, employee placement, and professional employer organizations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor market conditions and business activity in Nebraska, which is useful for economists, policymakers, and companies operating in the state.
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: Policymakers and analysts use this employment trend to monitor workforce dynamics and support decisions related to economic development, workforce training, and business support programs in Nebraska.
Q: Are there update delays or limitations?
A: The employment services data is published monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Employment Services in Nebraska (SMU31000006056130001A), retrieved from FRED.