All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Ohio
SMU39000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
309.00
Year-over-Year Change
4.22%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the Professional and Business Services sector, specifically in the Administrative and Support and Waste Management and Remediation Services industry in Ohio. It provides valuable insights into the state's labor market and economic activity.
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 Ohio metric tracks the monthly employment levels in this important sector of the state's economy. It is used by economists, policymakers, and businesses to analyze Ohio's economic trends and make informed decisions.
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 government agencies, financial institutions, and businesses to assess the health of Ohio's labor market and the broader economic conditions.
Key Facts
- Ohio's Professional and Business Services sector employs over 1 million workers.
- The Administrative and Support and Waste Management and Remediation Services industry accounts for 20% of the state's professional services jobs.
- Employment in this sector has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the Professional and Business Services sector, specifically in the Administrative and Support and Waste Management and Remediation Services industry in Ohio.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health of Ohio's labor market and the broader economic conditions in the state. It is closely monitored by government agencies, financial institutions, and businesses to make informed decisions.
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 used by government agencies, financial institutions, and businesses to assess the health of Ohio's labor market and the broader economic conditions in the state.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for slight delays in the release schedule.
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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 Ohio (SMU39000006056000001), retrieved from FRED.