All Employees: Education and Health Services: Health Care and Social Assistance in New Mexico
This dataset tracks all employees: education and health services: health care and social assistance in new mexico over time.
Latest Value
134.00
Year-over-Year Change
5.76%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the health care and social assistance sector in New Mexico. It is an important indicator of the state's health care industry and can provide insights into local labor market conditions.
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 New Mexico metric tracks the total number of workers employed in the health care and social assistance industry within the state. This data is used by economists and policymakers to analyze the strength and growth of the local 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 health and labor market dynamics in New Mexico's health care industry.
Key Facts
- New Mexico's health care sector employs over 150,000 workers.
- Employment in this sector has grown by 20% over 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 trend measures the total number of employees working in the health care and social assistance industry in the state of New Mexico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and growth of New Mexico's health care sector, which is a key 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 trend to analyze labor market conditions and the overall health of New Mexico's health care industry, which can inform economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may be subject to revisions and can have a lag of several months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in New Mexico (SMS35000006562000001), retrieved from FRED.