All Employees: Education and Health Services: Nursing and Residential Care Facilities in Alabama
SMU01000006562300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.53
Year-over-Year Change
4.58%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the nursing and residential care facilities industry in Alabama. It provides insight into the health of the state's healthcare and social assistance sector.
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: Nursing and Residential Care Facilities in Alabama series tracks the total employment in this subsector of the broader education and health services industry. It offers a timely indicator of labor market conditions and economic activity within Alabama's healthcare system.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is monitored by policymakers, economists, and industry analysts to assess the performance and outlook of Alabama's healthcare infrastructure.
Key Facts
- Alabama has over 100,000 employees in nursing and residential care facilities.
- This industry accounts for nearly 20% of the state's education and health services jobs.
- Employment in this sector has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in nursing and residential care facilities in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the healthcare and social assistance sector in Alabama, which is a major part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts monitor this trend to assess the performance and outlook of Alabama's healthcare infrastructure.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release delay of 1-2 months.
Related Trends
All Employees: Mining and Logging: Mining (Except Oil and Gas) in Alabama
SMU01000001021200001
Gross Domestic Product: Finance and Insurance (52) in Alabama
ALFININSNQGSP
Average Weekly Earnings of All Employees: Total Private in Alabama
SMU01000000500000011A
Chain-Type Quantity Index for Real GDP: Nonmetallic Mineral Product Manufacturing (327) in Alabama
ALNMMPMANQGSP
Health Care and Social Assistance Wages and Salaries in Alabama
ALWHEA
Average Hourly Earnings of All Employees: Private Service Providing in Alabama
SMU01000000800000003
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in Alabama (SMU01000006562300001SA), retrieved from FRED.