All Employees: Education and Health Services: Social Assistance in Montana
SMU30000006562400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.40
Year-over-Year Change
2.70%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the social assistance industry within the education and health services sector in Montana. It provides insight into the labor market and service industry 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: Education and Health Services: Social Assistance in Montana series tracks the total number of people employed in social assistance roles, such as child daycare, individual and family services, and community food and housing services, within the broader education and health services industry in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and industry analysts to understand labor market dynamics and service sector activity in Montana.
Key Facts
- Montana's social assistance employment has grown by 15% since 2015.
- The social assistance industry accounts for over 5% of total employment in Montana.
- Child daycare services make up the largest share of social assistance jobs in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the social assistance industry, which includes child daycare, individual and family services, and community food and housing programs, within the broader education and health services sector in Montana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the labor market and service industry dynamics in Montana, which is useful for policymakers, economists, and industry stakeholders to understand the state's economic conditions and trends.
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: This trend is relevant for policymakers and economists to analyze labor market conditions and service sector activity in Montana, which can inform workforce development, social services, and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a delay of approximately one month from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Montana (SMU30000006562400001), retrieved from FRED.