All Employees: Education and Health Services: Health Care and Social Assistance in Arkansas
SMU05000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
203.20
Year-over-Year Change
4.90%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures total employment in the health care and social assistance sector in Arkansas. It provides insights into the state's healthcare workforce and can inform policymakers and analysts on labor market conditions.
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 Arkansas series tracks the total number of people employed in the health care and social assistance industry within the state. This metric is used to analyze labor market trends and the relative strength of the healthcare sector in Arkansas.
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 healthcare industry's economic impact and workforce dynamics in Arkansas.
Key Facts
- Arkansas has over 200,000 healthcare and social assistance employees.
- The healthcare sector accounts for nearly 15% of total employment in the state.
- Employment in this industry has grown by over 20% in the past decade.
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 sector within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and dynamics of Arkansas'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 of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment trend to understand the healthcare industry's economic impact and inform workforce development initiatives in Arkansas.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Arkansas (SMU05000006562000001), retrieved from FRED.