All Employees: Education and Health Services: Health Care and Social Assistance in Minnesota

SMS27000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

537.80

Year-over-Year Change

4.67%

Date Range

1/1/1990 - 6/1/2025

Summary

This economic trend measures the total number of people employed in the health care and social assistance sector in Minnesota. It is an important indicator of the state's health care industry 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 Minnesota metric tracks employment levels in Minnesota's health care and social assistance industry, including hospitals, nursing homes, and other care providers. This data is used by economists and policymakers to gauge the health and growth of the state's health care sector.

Methodology

The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

This employment trend provides insight into the strength of Minnesota's health care market and is relevant for economic and policy analysis.

Key Facts

  • Minnesota's health care and social assistance sector employs over 500,000 people.
  • Employment in this sector has grown by over 20% in the past decade.
  • The health care industry is one of the largest employers in the state.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of people employed in the health care and social assistance industry in the state of Minnesota.

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

A: This employment data provides insight into the strength and growth of Minnesota's health care sector, which is a major driver of the state's economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this health care employment data to assess the state's economic conditions and inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 1-2 month delay from the reference period.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Minnesota (SMS27000006562000001), retrieved from FRED.