All Employees: Education and Health Services: Health Care and Social Assistance in Rhode Island
SMU44000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.10
Year-over-Year Change
0.35%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the education and health services sector, specifically in the health care and social assistance industry, within the state of Rhode Island. It provides valuable insights into the state's healthcare workforce and economic activity.
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: Health Care and Social Assistance in Rhode Island metric tracks the employment levels in this crucial industry, which includes hospitals, nursing and residential care facilities, and social assistance providers. This data is widely used by economists, policymakers, and industry analysts to assess the healthcare sector's performance and labor market conditions.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is important for understanding the state's healthcare infrastructure, labor market dynamics, and economic development policies.
Key Facts
- Rhode Island's healthcare and social assistance sector employs over 60,000 people.
- This industry accounts for nearly 15% of the state's total nonfarm employment.
- Employment in this sector has grown by over 10% in 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 sector, specifically the health care and social assistance industry, within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This data is widely used by economists, policymakers, and industry analysts to assess the healthcare sector's performance and labor market conditions in Rhode Island.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is important for understanding the state's healthcare infrastructure, labor market dynamics, and economic development policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Rhode Island (SMU44000006562000001), retrieved from FRED.