All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Puerto Rico
This dataset tracks all employees: education and health services: private colleges, universities, and professional schools in puerto rico over time.
Latest Value
12.59
Year-over-Year Change
-1.07%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend tracks the number of all employees in private colleges, universities, and professional schools in Puerto Rico. It provides insights into the state of the education and health services sector in the region.
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: Education and Health Services: Private Colleges, Universities, and Professional Schools in Puerto Rico series measures the total number of individuals employed by private educational institutions in Puerto Rico. This metric is used to gauge the health and growth of the higher education industry in the territory.
Methodology
The data is collected through surveys of Puerto Rican businesses and institutions by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to understand labor market conditions and the economic impact of the education sector in Puerto Rico.
Key Facts
- Private colleges and universities are a major employer in Puerto Rico.
- This trend has declined since the early 2010s, mirroring broader economic challenges.
- The education sector plays a vital role in Puerto Rico's economy and workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees at private colleges, universities, and professional schools located in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and growth of the higher education industry in Puerto Rico, which is an important sector for the territory's economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Puerto Rican businesses and institutions by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand labor market conditions and the economic impact of the education sector in Puerto Rico.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Puerto Rico (SMU72000006561130001SA), retrieved from FRED.