All Employees: Education and Health Services: Nursing and Residential Care Facilities in District of Columbia
This dataset tracks all employees: education and health services: nursing and residential care facilities in district of columbia over time.
Latest Value
8.00
Year-over-Year Change
-0.08%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the nursing and residential care facilities industry in the District of Columbia. It provides insights into the local healthcare labor market and supports policymaking.
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 District of Columbia data series tracks the total number of workers employed in nursing homes, assisted living facilities, and other residential care providers in the nation's capital. This metric is a key indicator of the healthcare industry's workforce and economic activity in the region.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by policymakers, economists, and healthcare analysts to monitor industry dynamics and guide workforce development initiatives.
Key Facts
- The trend has remained relatively stable over the past 5 years.
- Nursing and residential care is a major employer in the D.C. area.
- Employment in this sector tends to be less volatile than other industries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in nursing homes, assisted living facilities, and other residential care providers located in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the healthcare labor market and economic activity in the D.C. region, which is useful for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and workforce development agencies use this trend to monitor the healthcare industry and guide initiatives that support employment in nursing and residential care facilities.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revision as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in District of Columbia (SMU11000006562300001SA), retrieved from FRED.