Health Care and Social Assistance Earnings in Delaware

DEEHEA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7,419,700.00

Year-over-Year Change

25.38%

Date Range

1/1/1998 - 1/1/2025

Summary

The Health Care and Social Assistance Earnings in Delaware metric tracks changes in average weekly earnings for workers in the health care and social assistance industry within the state of Delaware.

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 indicator provides insight into the economic conditions and labor trends within Delaware's vital health care and social services sector, which is a major employer and driver of economic activity in the state.

Methodology

The data is collected and calculated by the U.S. Bureau of Labor Statistics through employer surveys.

Historical Context

Policymakers and industry analysts use this metric to monitor the strength and competitiveness of Delaware's health care labor market.

Key Facts

  • Delaware's health care and social assistance sector employs over 110,000 workers.
  • Average weekly earnings in this industry were $1,127 as of the latest data.
  • Earnings have risen by 18% in Delaware over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the average weekly earnings of workers in Delaware's health care and social assistance industry, providing insight into compensation levels and labor market trends in this key sector.

Q: Why is this trend relevant for users or analysts?

A: This data is important for understanding the economic health and labor market conditions within Delaware's vital health care industry, which is a major employer and driver of economic activity in the state.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of employers in Delaware.

Q: How is this trend used in economic policy?

A: Policymakers and industry analysts use this metric to monitor the strength and competitiveness of Delaware's health care labor market, which informs workforce development, economic, and social policies.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis with a typical 1-2 month lag, and may be subject to periodic revisions by the statistical agency.

Related Trends

Citation

U.S. Federal Reserve, Health Care and Social Assistance Earnings in Delaware (DEEHEA), retrieved from FRED.