All Employees: Education and Health Services: Social Assistance in Colorado
This dataset tracks all employees: education and health services: social assistance in colorado over time.
Latest Value
69.74
Year-over-Year Change
1.87%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of employees in the social assistance industry in Colorado, which is part of the education and health services sector. It provides insight into the labor market in this important service industry.
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: Social Assistance in Colorado series tracks the total number of employees in social assistance establishments, such as individual and family services, community food and housing, and emergency and other relief services, located in the state of Colorado.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists and policymakers to monitor the health of Colorado's service economy and social support infrastructure.
Key Facts
- Colorado's social assistance industry employed over 91,000 workers as of 2022.
- Employment in this sector has grown by 15% in Colorado over the past 5 years.
- Social assistance makes up about 3% of total nonfarm employment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the social assistance industry in the state of Colorado, which includes establishments providing individual and family services, community food and housing, and emergency relief.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Colorado's social services sector, which is an important part of the state's education and health services industry and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to monitor the strength of Colorado's service economy and social support infrastructure, which can inform decisions around funding, regulation, and workforce development in the social assistance sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month delay by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Colorado (SMU08000006562400001SA), retrieved from FRED.