All Employees: Education and Health Services: Health Care and Social Assistance in Montana
SMS30000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.10
Year-over-Year Change
0.81%
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 Montana. It provides insights into the labor market and economic activity in the state's health 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 All Employees: Education and Health Services: Health Care and Social Assistance in Montana series tracks the total employment figures for the health care and social assistance industry in the state. This data is used by economists and policymakers to analyze workforce trends, labor market conditions, and the overall health of Montana'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 trend is relevant for understanding the economic and labor market dynamics within Montana's health care industry, which is a significant contributor to the state's economy.
Key Facts
- Montana's health care and social assistance industry employs over 100,000 workers.
- Employment in this sector has grown by 20% over the past decade.
- The health care industry accounts for over 10% of Montana's 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 Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic activity within Montana's health care sector, which is a significant part 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: Policymakers and economists use this trend to analyze workforce trends, labor market conditions, and the overall health of Montana's health care industry, which can inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month delay.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Montana (SMS30000006562000001), retrieved from FRED.