All Employees: Education and Health Services: Private Education and Health Services in North Carolina
NCEDUHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
715.40
Year-over-Year Change
3.85%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Education and Health Services: Private Education and Health Services in North Carolina' trend measures employment in the private education and healthcare sectors in North Carolina. This metric is important for economists and policymakers to understand labor market dynamics and workforce trends in this key 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
This data series tracks the total number of employees in private education and health services establishments located in North Carolina. It provides insight into the size and health of this crucial economic sector, which includes a range of occupations from teachers and professors to nurses and medical support staff.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to gauge the strength of North Carolina's private education and healthcare job market.
Key Facts
- North Carolina has over 700,000 private education and healthcare employees.
- This sector accounts for over 15% of the state's total private employment.
- The industry has seen steady job growth of around 2% annually in recent years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees in private education and health services establishments located in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and health of a crucial economic sector in North Carolina, helping policymakers and analysts gauge the strength of the state's private education and healthcare job market.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to understand labor market dynamics and workforce trends in North Carolina's private education and healthcare industries, which are important for economic development and social services planning.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions based on additional reporting from employers.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Education and Health Services in North Carolina (NCEDUHN), retrieved from FRED.