All Employees: Information in Rhode Island
SMU44000005000000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.41
Year-over-Year Change
-1.77%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Information in Rhode Island' trend measures total employment in the information sector of Rhode Island's economy. This provides insight into the state's economic activity and labor market dynamics.
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
This series tracks the total number of employees in the information industry in Rhode Island, which includes jobs in fields like publishing, telecommunications, data processing, and other information-related services. It is a key economic indicator used by policymakers and analysts to gauge the strength and trends within this crucial economic sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The information sector employment trend helps inform decisions around economic and workforce development policies in Rhode Island.
Key Facts
- Rhode Island's information sector employs over 20,000 workers.
- Employment in the state's information industry has grown by 5% over the past 5 years.
- The information sector accounts for nearly 4% of total employment in Rhode Island.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Information in Rhode Island' trend measures total employment in the information sector of Rhode Island's economy, including jobs in publishing, telecommunications, data processing, and other information-related services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the strength and dynamics of Rhode Island's information industry, which is a key driver of economic activity and growth in the state.
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: The information sector employment trend helps inform decisions around economic and workforce development policies in Rhode Island, as the information industry is a crucial part of the state's economy.
Q: Are there update delays or limitations?
A: There may be minor delays in the release of this data, as it is based on survey responses, but it is generally made available on a monthly basis by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Information in Rhode Island (SMU44000005000000001SA), retrieved from FRED.