All Employees: Education and Health Services in Rhode Island
SMU44000006500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.00
Year-over-Year Change
9.39%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Education and Health Services in Rhode Island' trend measures the total number of employees in the education and health services industry in the state of Rhode Island. This data provides important insights into the labor market and economic activity in this key sector.
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 individuals employed in establishments providing education, health care, and social assistance services in Rhode Island. It serves as a key indicator of economic performance and employment trends in the state's largest private industry sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to monitor the health of Rhode Island's education and healthcare labor markets and inform economic and workforce development strategies.
Key Facts
- Rhode Island's education and health services sector employs over 100,000 workers.
- This industry accounts for nearly 30% of the state's total non-farm employment.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the education and health services industry in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the labor market and economic activity in Rhode Island's largest private industry sector, which is crucial for policymakers and analysts to monitor.
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: Policymakers and analysts use this trend to monitor the health of Rhode Island's education and healthcare labor markets and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is subject to regular monthly updates by the Bureau of Labor Statistics, with typical publication lags of 1-2 months.
Related Trends
Chain-Type Quantity Index for Real GDP: Data Processing, Hosting, and Other Information Services (518-519) in Rhode Island
RIDATAWWWQGSP
Interbank Deposits in Commercial Member Banks in Rhode Island
X08IOMBIRI
Residential Carbon Dioxide Emissions, Residential for Rhode Island
EMISSCO2VCLRCBRIA
Real Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in Rhode Island
RIBRDTELERGSP
Personal Consumption Expenditures: Services: Transportation Services for Rhode Island
RIPCETRANS
Per Capita Personal Consumption Expenditures: Total for Rhode Island
RIPCEPC
Citation
U.S. Federal Reserve, All Employees: Education and Health Services in Rhode Island (SMU44000006500000001A), retrieved from FRED.