All Employees: Education and Health Services: Health Care and Social Assistance in Utah
SMU49000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
199.70
Year-over-Year Change
6.62%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the health care and social assistance industry in Utah. It provides valuable insights into the state's health care 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 Utah series tracks the total number of workers employed in the health care and social assistance sector within the state of Utah. This data is used by economists, policymakers, and industry analysts to monitor the health of Utah's health care industry and its contribution to the overall state economy.
Methodology
The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used to assess the strength of Utah's health care sector and inform policy decisions related to workforce development, health care infrastructure, and economic growth.
Key Facts
- Utah's health care and social assistance industry employs over 200,000 workers.
- The sector has seen steady job growth over the past decade.
- Health care is a major driver of Utah's economy, accounting for over 10% of total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the health care and social assistance industry in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength and growth of Utah's health care sector, which is a crucial part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to assess the health of Utah's health care sector and inform decisions related to workforce development, infrastructure, and economic growth.
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.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Utah (SMU49000006562000001), retrieved from FRED.