All Employees: Health Care and Social Assistance in Idaho
SMU16000006562000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.40
Year-over-Year Change
55.47%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the healthcare and social assistance sector in Idaho. It is an important indicator of economic activity and labor market conditions in the state.
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: Health Care and Social Assistance in Idaho' series tracks the total number of employees in the healthcare and social assistance industry in Idaho. This provides insights into the size and growth of this key economic sector, which is crucial for understanding overall economic performance and employment trends in the state.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, analysts, and businesses to assess the health of Idaho's economy and labor market.
Key Facts
- Idaho's healthcare and social assistance sector employs over 130,000 workers.
- This industry accounts for over 13% 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 healthcare and social assistance industry in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the size and growth of a key economic sector in Idaho, which is crucial for understanding overall economic performance and labor market conditions in the state.
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: This trend is closely monitored by policymakers, analysts, and businesses to assess the health of Idaho's economy and labor market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Health Care and Social Assistance in Idaho (SMU16000006562000001A), retrieved from FRED.