All Employees: Health Care and Social Assistance in Arizona
SMU04000006562000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
463.40
Year-over-Year Change
48.15%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Health Care and Social Assistance in Arizona' metric tracks the total number of employees in the health care and social assistance industry in the state of Arizona. This data is valuable for economists and policymakers to understand the labor market dynamics in this key 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
This series measures the total number of people employed in the health care and social assistance industry in Arizona. It provides important insights into the size and trends of this major component of the state's economy, which includes hospitals, nursing homes, child care facilities, and other related establishments.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The health care and social assistance sector is a critical driver of economic activity and employment, making this metric relevant for policymakers, analysts, and businesses.
Key Facts
- Arizona's health care and social assistance sector employs over 400,000 people.
- This industry accounts for over 15% of total employment in the state.
- Employment in this sector has grown by 20% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed in the health care and social assistance industry in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: The health care and social assistance sector is a major driver of economic activity and employment in Arizona, making this data valuable for policymakers, businesses, and economists analyzing the state's labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and businesses to understand the dynamics of Arizona's labor market and the health of the state's health care and social assistance industry.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics with a typical lag of 1-2 months.
Related Trends
Average Weekly Earnings of Production Employees: Construction in Arizona
SMU04000002000000030A
Gross Domestic Product: Performing Arts, Spectator Sports, Museums, and Related Activities (711-712) in Arizona
AZPRFRMSPRTMSMNGSP
All Employees: Truck Transportation in Arizona
SMU04000004348400001A
Commercial Carbon Dioxide Emissions, Kerosene for Arizona
EMISSCO2VKSCCBAZA
Chain-Type Quantity Index for Real GDP: Computer Systems Design and Related Services (5415) in Arizona
AZCPUSYSDSGNQGSP
All Employees: Services to Buildings and Dwellings in Arizona
SMU04000006056170001A
Citation
U.S. Federal Reserve, All Employees: Health Care and Social Assistance in Arizona (SMU04000006562000001A), retrieved from FRED.