All Employees: Education and Health Services: Health Care and Social Assistance in Connecticut
SMS09000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
299.20
Year-over-Year Change
2.29%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the health care and social assistance industry in Connecticut. It provides insights into the state's healthcare workforce and economic activity.
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: Health Care and Social Assistance in Connecticut series tracks the total number of employees in the healthcare and social assistance sector in the state. This data is used by economists and policymakers to analyze trends in healthcare industry employment and gauge the economic health of the sector.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the labor market dynamics and economic conditions in Connecticut's healthcare industry.
Key Facts
- Connecticut's healthcare and social assistance sector employs over 300,000 people.
- The industry accounts for nearly 20% of the state's total non-farm employment.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the healthcare and social assistance industry in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the size and dynamics of Connecticut's healthcare workforce, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the healthcare industry's contribution to employment and economic activity in Connecticut.
Q: Are there update delays or limitations?
A: The data is typically published with a one-month delay by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Connecticut (SMS09000006562000001), retrieved from FRED.