All Employees: Administrative and Support Services in Oregon
SMU41000006056100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.30
Year-over-Year Change
13.09%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the administrative and support services industry in the state of Oregon. It provides valuable insights into the health and dynamics of the service sector in the state's economy.
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: Administrative and Support Services in Oregon series tracks the total employment levels in a crucial part of Oregon's service industry. This data is used by economists and policymakers to analyze trends in business operations support, facilities management, and other critical administrative functions.
Methodology
The data is collected through surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the broader economic conditions and labor market dynamics in Oregon.
Key Facts
- Oregon's administrative and support services industry employs over 100,000 workers.
- Employment in this sector has grown by 15% over the past 5 years.
- The industry accounts for approximately 6% of total non-farm employment in Oregon.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative and support services industry in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and dynamics of a crucial part of Oregon's service sector, which is closely tied to broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze labor market conditions and inform decisions related to the service sector in Oregon.
Q: Are there update delays or limitations?
A: The data is typically released with a lag of 1-2 months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Administrative and Support Services in Oregon (SMU41000006056100001A), retrieved from FRED.