All Employees: Education and Health Services: Health Care and Social Assistance in Missouri
SMS29000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
480.40
Year-over-Year Change
5.58%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of people employed in the health care and social assistance industry in Missouri. It provides insight into the size and growth of this crucial sector of the state's 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: Education and Health Services: Health Care and Social Assistance in Missouri trend tracks the total employment in Missouri's health care and social assistance industry, which includes hospitals, physician offices, nursing and residential care facilities, and social assistance providers. This data is used by economists and policymakers to monitor the health and labor dynamics of this significant component of the state's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the economic conditions and labor market in Missouri, as well as the overall performance of the health care sector.
Key Facts
- Missouri's health care and social assistance industry employs over 450,000 people.
- This sector has seen steady job growth over the past decade.
- Health care is one of the largest and fastest-growing industries in Missouri.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the health care and social assistance industry in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the size, growth, and labor dynamics of a crucial sector of Missouri's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by economists and policymakers to monitor the health and performance of Missouri's health care industry, which is a significant component of the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Missouri (SMS29000006562000001), retrieved from FRED.