All Employees: Education and Health Services: Nursing and Residential Care Facilities in Connecticut
This dataset tracks all employees: education and health services: nursing and residential care facilities in connecticut over time.
Latest Value
58.56
Year-over-Year Change
3.74%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the nursing and residential care facilities industry in Connecticut. It is a key indicator of the health and stability of the state's healthcare sector.
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: Nursing and Residential Care Facilities in Connecticut series tracks the total employment levels in this vital industry. It provides insights into the size and labor dynamics of Connecticut's long-term care and assisted living facilities.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by state policymakers, healthcare analysts, and industry stakeholders.
Key Facts
- Connecticut has over 300 nursing and residential care facilities.
- The industry employs more than 65,000 workers in the state.
- Employment in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in nursing and residential care facilities in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size and labor dynamics of Connecticut's long-term healthcare industry, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by state policymakers, healthcare analysts, and industry stakeholders to assess the health and stability of Connecticut's nursing and residential care facilities.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in Connecticut (SMU09000006562300001SA), retrieved from FRED.