All Employees: Education and Health Services: Health Care and Social Assistance in Louisiana
SMU22000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
298.10
Year-over-Year Change
2.16%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Education and Health Services: Health Care and Social Assistance in Louisiana' trend measures the total number of employees in the health care and social assistance industry in Louisiana. This data is important for understanding the state's health care workforce and economic activity.
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 persons on nonfarm payrolls in the health care and social assistance industry in Louisiana. It provides insight into the size and labor dynamics of this key sector of the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this data to assess the health of Louisiana's health care industry and its contribution to the state's overall economic performance.
Key Facts
- Louisiana's health care industry employs over 250,000 workers.
- The state's health care sector accounts for over 12% of total nonfarm employment.
- Employment in Louisiana's health care industry has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the health care and social assistance industry in Louisiana, providing insight into the size and labor dynamics of this key sector of the state's economy.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the health of Louisiana's health care industry and its contribution to the state's overall economic performance, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the health of Louisiana's health care industry and its impact on the state's overall economic performance, informing policy decisions and economic analysis.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the Current Employment Statistics (CES) survey.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Louisiana (SMU22000006562000001), retrieved from FRED.