All Employees: Education and Health Services in Colorado
SMU08000006500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
382.60
Year-over-Year Change
35.77%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Education and Health Services in Colorado' trend measures the total number of employees in the education and health services sector in the state of Colorado. This metric is important for economists and policymakers to understand the labor market and economic activity in this crucial industry.
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 tracks the total number of individuals employed in private-sector education and health services establishments located in Colorado. It provides insight into the strength and growth of these key economic sectors within the state's overall employment landscape.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to gauge the health and dynamics of Colorado's education and healthcare industries.
Key Facts
- Colorado's education and health services sector employs over 450,000 workers.
- This industry accounts for nearly 15% of total employment in the state.
- Employment in this sector 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 employees in the education and health services sector in the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and growth of Colorado's crucial education and healthcare industries, which are key drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the health and dynamics of Colorado's education and healthcare sectors, which are crucial for the state's overall economic development and well-being.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services in Colorado (SMU08000006500000001A), retrieved from FRED.