All Employees: Financial Activities: Insurance Carriers and Related Activities in Puerto Rico
This dataset tracks all employees: financial activities: insurance carriers and related activities in puerto rico over time.
Latest Value
20.03
Year-over-Year Change
0.93%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the insurance carriers and related activities industry in Puerto Rico. It provides valuable insights into the health and growth of this important sector of the Puerto Rican 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: Financial Activities: Insurance Carriers and Related Activities in Puerto Rico metric tracks the total number of people employed in Puerto Rico's insurance industry, including insurance carriers, agencies, brokerages, and other related services. This data is used by economists and policymakers to assess the strength and stability of this key financial services sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in insurance industry employment are closely monitored by economists and policymakers as indicators of broader economic conditions and financial sector performance.
Key Facts
- The insurance industry is a major employer in Puerto Rico's economy.
- Employment in this sector has fluctuated over the past decade.
- Trends in insurance jobs can signal broader economic conditions in Puerto Rico.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the insurance carriers and related activities industry in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: Trends in insurance industry employment provide important insights into the strength and stability of a key financial services sector in the Puerto Rican economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor insurance industry employment to assess broader economic conditions and financial sector performance in Puerto Rico.
Q: Are there update delays or limitations?
A: The data is subject to the normal publication schedule and revision processes of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Insurance Carriers and Related Activities in Puerto Rico (SMU72000005552400001SA), retrieved from FRED.