All Employees: Education and Health Services in Arkansas
SMU05000006500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
213.40
Year-over-Year Change
25.16%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Education and Health Services in Arkansas' trend measures the total number of employees in the education and health services sector within the state of Arkansas. This metric provides insight into the health and labor dynamics of a key part 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
This data series tracks employment levels across the education and healthcare industries in Arkansas. It is a valuable indicator of economic activity, labor market conditions, and the overall strength of the state's service sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the vitality of Arkansas' education and health services industries and their impact on the broader state economy.
Key Facts
- Arkansas' education and health services sector employs over 200,000 workers.
- Employment in this sector has grown by 10% over the past 5 years.
- The education and health services industry accounts for 18% of total employment in Arkansas.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of people employed in the education and health services sector within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and labor dynamics of a key service industry in the Arkansas economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments 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 assess the vitality of Arkansas' education and health services industries and their impact on the broader state economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services in Arkansas (SMU05000006500000001A), retrieved from FRED.