All Employees: Education and Health Services: Health Care and Social Assistance in Virginia
SMS51000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
524.90
Year-over-Year Change
3.86%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the health care and social assistance sector in Virginia. It provides valuable insights into the state's healthcare workforce 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 Virginia metric tracks the total number of employees in the health care and social assistance industry within the state. This data point is used by economists and policymakers to assess the health and growth of Virginia's healthcare sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the labor market and economic conditions in Virginia's healthcare industry.
Key Facts
- Virginia's healthcare and social assistance sector employs over 500,000 workers.
- The healthcare industry is one of the largest employers in the state.
- Employment in this sector has grown steadily over the past decade.
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 Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the size, growth, and economic impact of Virginia's healthcare sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the health and growth of Virginia's healthcare industry, which is a major driver of the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Virginia (SMS51000006562000001), retrieved from FRED.