Health Care and Social Assistance Earnings in Arkansas
AREHEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,303,528.00
Year-over-Year Change
18.22%
Date Range
1/1/1998 - 1/1/2025
Summary
The Health Care and Social Assistance Earnings in Arkansas trend measures the average weekly earnings of workers in the health care and social assistance industry in the state of Arkansas. This metric is important for economists and policymakers to understand the economic conditions and labor market dynamics 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
The Health Care and Social Assistance Earnings in Arkansas trend provides insights into the compensation levels for workers in the health care and social assistance industry, which is a major employer and economic driver in the state. Analyzing changes in this metric can help inform workforce development policies, industry competitiveness, and the overall health of the Arkansas economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the economic vitality of Arkansas's health care and social assistance sector.
Key Facts
- Arkansas's health care and social assistance sector employs over 200,000 workers.
- Average weekly earnings in this sector are higher than the overall state average.
- The trend has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The Health Care and Social Assistance Earnings in Arkansas trend measures the average weekly earnings of workers in the health care and social assistance industry in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the compensation levels and economic conditions of a key industry in Arkansas, which can inform workforce development, industry competitiveness, and overall economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the economic vitality of Arkansas's health care and social assistance sector, which is a major employer and driver of the state's economy.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically 1-2 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Health Care and Social Assistance Earnings in Arkansas (AREHEA), retrieved from FRED.