All Employees: Social Assistance in Illinois
SMU17000006562400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.20
Year-over-Year Change
37.51%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of people employed in the social assistance industry in Illinois. It is an important indicator of the strength and growth of the state's social services 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: Social Assistance in Illinois series tracks monthly employment levels in the social assistance industry, which includes organizations providing individual and family services, community food and housing, and vocational rehabilitation services. This data provides insights into the health and labor demands of Illinois' social service infrastructure.
Methodology
This data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this employment trend to gauge the funding and resource needs of Illinois' social safety net programs.
Key Facts
- Illinois has over 250,000 social assistance employees.
- Social assistance jobs make up 4% of total employment in Illinois.
- Employment in this sector has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the social assistance industry in Illinois, including social services, community programs, and rehabilitation organizations.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the strength and growth of Illinois' social services sector, which is a key part of the state's infrastructure and economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment trend to gauge the funding and resource needs of Illinois' social safety net programs and services.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
Related Trends
All Employees: Transportation and Utilities: Support Activities for Transportation in Illinois
SMU17000004348800001
All Employees: Professional and Business Services: Business Support Services in Illinois
SMU17000006056140001
All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Illinois
SMU17000004244100001SA
Gross Domestic Product: Arts, Entertainment, and Recreation (71) in Illinois
ILARTENTRECNQGSP
Chain-Type Quantity Index for Real GDP: Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523) in Illinois
ILSECCOMINVQGSP
All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Illinois
SMU17000005552200001
Citation
U.S. Federal Reserve, All Employees: Social Assistance in Illinois (SMU17000006562400001A), retrieved from FRED.