All Employees: Social Assistance in Louisiana
SMU22000006562400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.60
Year-over-Year Change
16.52%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Social Assistance in Louisiana' trend measures the total number of employees in the social assistance industry within the state of Louisiana. This metric is important for economists and policymakers to understand labor market dynamics and trends in the healthcare and social services sectors.
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 social assistance industry includes a range of establishments providing individual and family services, community food and housing, and vocational rehabilitation services. This employment data offers insights into the size and growth of this key part of Louisiana's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by analysts to assess the health of Louisiana's social services sector and its ability to meet community needs.
Key Facts
- Louisiana has over 45,000 social assistance employees.
- Social assistance jobs make up 2.3% of total employment in Louisiana.
- Employment in this sector has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Social Assistance in Louisiana' trend measures the total number of people employed in the social assistance industry within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the size and growth of Louisiana's social services sector, which is a key part of the state's economy and a critical provider of community resources.
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: Analysts and policymakers use this employment trend to assess the health and capacity of Louisiana's social assistance industry, which informs decisions around funding, workforce development, and community program planning.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, so it may not reflect the most recent economic conditions.
Related Trends
90% Confidence Interval Lower Bound of Estimate of Percent of People of All Ages in Poverty for Louisiana
PPCILBAALA22000A156NCEN
Number of Identified Exporters to United Kingdom from Louisiana
LAGBRA475SCEN
Commercial Carbon Dioxide Emissions, Petroleum for Louisiana
EMISSCO2TOTVCCPELAA
All Employees: Education and Health Services: Ambulatory Health Care Services in Louisiana
SMU22000006562100001SA
Chain-Type Quantity Index for Real GDP: Data Processing, Hosting, and Other Information Services (518-519) in Louisiana
LADATAWWWQGSP
All Employees: Support Activities for Transportation in Louisiana
SMU22000004348800001A
Citation
U.S. Federal Reserve, All Employees: Social Assistance in Louisiana (SMU22000006562400001A), retrieved from FRED.