All Employees: Education and Health Services in Idaho
SMU16000006500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.80
Year-over-Year Change
55.20%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures total employment in the education and health services industry in the state of Idaho. It is an important indicator of labor market conditions and economic activity in a 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
The All Employees: Education and Health Services in Idaho series tracks the total number of people employed in the education and health services industry across the state. This metric provides insight into the overall strength and growth of these key service sectors within Idaho's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess economic performance and forecast future growth in Idaho's healthcare and education industries.
Key Facts
- Idaho's education and health services industry employs over 140,000 people.
- This 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 education and health services industry across the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of key service sectors within Idaho's economy, which is crucial for policymakers and economists assessing economic performance.
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 trend to assess economic performance and forecast future growth in Idaho's healthcare and education industries.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services in Idaho (SMU16000006500000001A), retrieved from FRED.