All Employees: Education and Health Services: Private Education and Health Services in Massachusetts
This dataset tracks all employees: education and health services: private education and health services in massachusetts over time.
Latest Value
849.60
Year-over-Year Change
0.93%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Education and Health Services: Private Education and Health Services in Massachusetts' trend tracks the number of private-sector workers in the education and healthcare industries in Massachusetts. This metric provides insight into the economic health and employment trends within these key service sectors.
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 employment levels for private businesses in the education and health services industries across Massachusetts. It is a useful indicator for evaluating the strength of the state's healthcare and education labor markets, which are major components of the overall economy.
Methodology
The data is collected through the Current Employment Statistics (CES) program by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists analyze this trend to understand workforce dynamics and service-sector activity in Massachusetts.
Key Facts
- Massachusetts has over 600,000 private education and healthcare workers.
- This sector accounts for nearly 20% of total employment in the state.
- Employment in this industry has grown over 10% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of private-sector employees in the education and healthcare industries located in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and dynamics of two of Massachusetts' largest and most economically important service sectors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand workforce trends and service-sector activity in Massachusetts, which informs economic and labor market policies.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in data availability due to the survey-based collection process.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Education and Health Services in Massachusetts (MAEDUH), retrieved from FRED.