All Employees: Education and Health Services: Services for the Elderly and Persons with Disabilities in New York
SMU36000006562412001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
351.90
Year-over-Year Change
44.93%
Date Range
1/1/2003 - 7/1/2025
Summary
This economic trend measures the number of employees in the education and health services sector, specifically in the services for the elderly and persons with disabilities industry in New York. It provides insight into the labor market and demand for these critical care 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: Services for the Elderly and Persons with Disabilities in New York data series tracks the total number of employees in this specialized industry, which is an important indicator of economic activity and the availability of care services for vulnerable populations.
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, healthcare providers, and labor market analysts to understand employment dynamics in the elder and disability services sector.
Key Facts
- New York is the second-largest employer of elderly and disability services workers in the U.S.
- Employment in this sector has grown by over 20% in the past decade.
- The aging population is driving increased demand for these critical care services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the education and health services sector, specifically in the services for the elderly and persons with disabilities industry in New York.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and demand for elder and disability care services, which is crucial information for policymakers, healthcare providers, and labor market analysts.
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 to understand employment dynamics in the elder and disability services sector, which informs policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
Related Trends
Liabilities and Capital: Liabilities: Deposits: Other: Wednesday Level in Federal Reserve District 2: New York
D2WLOCL
Liabilities and Capital: Liabilities: Deposits: Wednesday Level in Federal Reserve District 2: New York
D2WLDEP
Assets: Other: Securities, Premiums, Discounts, Repurchase Agreements, and Loans: Wednesday Level in Federal Reserve District 2: New York
D2WSRLL
Resident Population in Federal Reserve District 2: New York
D2POP
Liabilities and Capital: Liabilities: Other Liabilities and Accrued Dividends and Total Deferred Credit Items: Wednesday Level in Federal Reserve District 2: New York
H41RESPPLLEF02NWW
Liabilities and Capital: Capital: Surplus: Wednesday Level in Federal Reserve District 2: New York
D2WCSL
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Services for the Elderly and Persons with Disabilities in New York (SMU36000006562412001), retrieved from FRED.