All Employees: Waste Management and Remediation Services in Washington
SMU53000006056200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.70
Year-over-Year Change
32.62%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the waste management and remediation services industry in Washington. It provides important insights into the state's environmental services sector and labor market.
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: Waste Management and Remediation Services in Washington series tracks the total employment levels in this specialized industry, which includes firms that collect, treat, and dispose of waste materials, as well as those that remediate contaminated sites. This data point is a key indicator of economic activity and workforce trends in the environmental services field.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by policymakers, economists, and industry analysts to monitor the health and growth of Washington's waste management and environmental remediation sectors.
Key Facts
- Washington has over 20,000 workers in waste management and remediation services.
- This industry accounts for 0.6% of total nonfarm employment in the state.
- Employment in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the waste management and environmental remediation services industry in the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: This data point provides important insights into the scale and growth of Washington's environmental services sector, which is a key part of the state's economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this employment data to monitor the health and development of Washington's waste management and environmental remediation services sectors.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag by the Federal Reserve's FRED database.
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Citation
U.S. Federal Reserve, All Employees: Waste Management and Remediation Services in Washington (SMU53000006056200001A), retrieved from FRED.