All Employees: Education and Health Services: Health Care and Social Assistance in West Virginia
SMS54000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.90
Year-over-Year Change
2.55%
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 West Virginia. It provides valuable insights into the state's health care sector and labor market dynamics.
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 West Virginia trend represents the total number of individuals employed in the health care and social assistance industry within the state. This data is used by economists and policymakers to analyze the size, growth, and composition of the health care workforce in West Virginia.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by state and federal policymakers to inform decisions related to health care workforce planning, resource allocation, and economic development initiatives.
Key Facts
- West Virginia's health care and social assistance industry employs over 100,000 workers.
- The sector has experienced steady growth over the past decade, reflecting the state's aging population.
- Health care is a major contributor to West Virginia's economy, accounting for over 15% of total employment.
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 West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the size and dynamics of West Virginia's health care workforce, 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: Policymakers and economists use this trend to inform decisions related to health care workforce planning, resource allocation, and economic development initiatives in West Virginia.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of one to two months, and may be subject to revisions as more information becomes available.
Related Trends
Not in Labor Force: Discouraged Workers for West Virginia
DISCWORKWV
Real Gross Domestic Product: Oil and Gas Extraction (211) in West Virginia
WVOILGASRGSP
Gross Domestic Product: Durable Goods Manufacturing (321, 327-339) in West Virginia
WVDURMANNQGSP
Number of Identified Exporters to Norway from West Virginia
WVNORA475SCEN
State Government Tax Collections, Public Utilities - Selective Sales Taxes in West Virginia
WVUTILITAX
Average Hourly Earnings of All Employees: Private Service Providing in West Virginia
SMU54000000800000003A
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in West Virginia (SMS54000006562000001), retrieved from FRED.