All Employees: Education and Health Services in Utah
SMU49000006500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
242.70
Year-over-Year Change
47.54%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Education and Health Services in Utah' trend tracks monthly employment levels in the education and health services sector in the state of Utah. This metric is important for economists and policymakers to understand broader employment and economic trends within 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
This series represents the total number of employees in the education and health services industry in Utah, which includes jobs in public and private schools, colleges, hospitals, and other healthcare facilities. It is a key indicator of the health and stability of this major economic sector in the state.
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 data to assess the strength of Utah's labor market and healthcare infrastructure.
Key Facts
- Utah has one of the fastest-growing education and healthcare sectors in the U.S.
- Education and health services account for over 15% of total employment in Utah.
- Employment in this sector has grown by over 25% in the past decade in Utah.
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 Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the strength and growth of a key economic sector in Utah, which has significant implications for the state's overall economic and workforce development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the health of Utah's labor market and education/healthcare infrastructure, which informs decisions around economic development, workforce planning, and public service provision.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a 1-2 month lag in reporting due to the data collection process.
Related Trends
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Utah
UTPCEPCODURG
Number of Identified Exporters to Slovenia from Utah
UTSVNA475SCEN
All Employees: Health Care and Social Assistance in Utah
SMU49000006562000001A
Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Utah
EMISSCO2VNGEIBUTA
Number of Identified Exporters to United Kingdom from Utah
UTGBRA475SCEN
Average Weekly Earnings of All Employees: Private Service Providing in Utah
SMU49000000800000011A
Citation
U.S. Federal Reserve, All Employees: Education and Health Services in Utah (SMU49000006500000001A), retrieved from FRED.