All Employees: Education and Health Services in Arizona
SMU04000006500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
536.30
Year-over-Year Change
45.14%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Education and Health Services in Arizona' economic trend measures the total number of people employed in the education and health services sectors across the state of Arizona. This data is important for economists and policymakers to monitor the health and growth of these key service industries.
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
This series tracks the total employment in the education and health services sectors in Arizona, which include jobs in public and private schools, colleges, hospitals, and other healthcare facilities. It provides a valuable indicator of economic activity and labor market conditions in these vital service industries within the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by analysts, policymakers, and businesses to understand workforce dynamics and labor market trends in Arizona's education and healthcare sectors.
Key Facts
- Arizona's education and health services sector employs over 500,000 workers.
- Employment in this sector has grown by over 20% in the past decade.
- The education and health services industry is one of Arizona's largest employers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the education and health services sectors across the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides valuable insights into the labor market conditions and economic activity within Arizona's crucial education and healthcare industries.
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 analysts use this employment data to monitor workforce dynamics and labor market trends in Arizona's education and healthcare sectors, which are important for the state's economic growth and development.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a typical release lag of a few weeks.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services in Arizona (SMU04000006500000001A), retrieved from FRED.