All Employees: Education and Health Services: Social Assistance in Maine
SMU23000006562400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.59
Year-over-Year Change
1.74%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures employment in the social assistance industry in Maine, which includes organizations providing individual and family services, community food and housing, and emergency and other relief services.
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: Social Assistance in Maine series tracks the total number of people employed in the social assistance sector within the education and health services industry in the state of Maine. This data is used by economists and policymakers to monitor the health of the local labor market and social service provision.
Methodology
The data is collected through surveys of Maine employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend provides insight into the strength of Maine's social safety net and demand for related services.
Key Facts
- Maine's social assistance sector employed over 35,000 workers as of 2022.
- Employment in this industry has grown by 12% in Maine over the past 5 years.
- Social assistance makes up around 10% of total nonfarm employment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the social assistance industry in Maine, which includes organizations providing individual and family services, community food and housing, and emergency relief.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of Maine's social safety net and demand for related services, which is important for economists and policymakers monitoring the local labor market and social service provision.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Maine employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by economists and policymakers to assess the health of Maine's social assistance sector and inform decisions around funding, regulation, and program development.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of 1-2 months, so there may be delays in reflecting the most recent employment figures.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Maine (SMU23000006562400001SA), retrieved from FRED.