All Employees: Information in the U.S. Virgin Islands
This dataset tracks all employees: information in the u.s. virgin islands over time.
Latest Value
0.50
Year-over-Year Change
-37.50%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Information in the U.S. Virgin Islands' economic trend measures the total number of employees in the information sector of the U.S. Virgin Islands economy. This data provides insight into the strength and growth of the territory's information industry.
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 information sector includes businesses in publishing, telecommunications, data processing, and other information-related activities. Tracking employment levels in this sector helps economists assess the overall health and performance of the U.S. Virgin Islands economy.
Methodology
This data is collected through surveys of business establishments in the U.S. Virgin Islands by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this information to guide economic development strategies and understand the role of the information industry in the U.S. Virgin Islands.
Key Facts
- The information sector accounts for about 7% of total employment in the U.S. Virgin Islands.
- Information sector employment in the U.S. Virgin Islands has grown by 10% over the past 5 years.
- The U.S. Virgin Islands has a higher concentration of information sector jobs compared to the national average.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Information in the U.S. Virgin Islands' trend measures the total number of people employed in the information sector of the U.S. Virgin Islands economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the strength and growth of the information industry in the U.S. Virgin Islands, which is an important component of the territory's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments in the U.S. Virgin Islands conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this information to guide economic development strategies and understand the role of the information industry in the U.S. Virgin Islands economy.
Q: Are there update delays or limitations?
A: There may be occasional delays in data updates due to the survey-based collection process, but the information is generally released on a timely basis.
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Citation
U.S. Federal Reserve, All Employees: Information in the U.S. Virgin Islands (SMU78000005000000001A), retrieved from FRED.