All Employees: Education and Health Services: Health Care and Social Assistance in Maine
SMU23000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.60
Year-over-Year Change
0.09%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the health care and social assistance industry in Maine. It provides valuable insights into the state's health care sector and labor market.
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: Health Care and Social Assistance in Maine series tracks the total number of people employed in the health care and social assistance industry across the state. This metric is used by economists and policymakers to assess the size, growth, and dynamics of Maine's health care workforce.
Methodology
The data is collected through the Current Employment Statistics (CES) program, a monthly survey of businesses.
Historical Context
This trend is relevant for understanding Maine's health care industry and labor market conditions.
Key Facts
- Maine's health care and social assistance industry employs over 100,000 people.
- Employment in this sector has grown by 10% over the past 5 years.
- Health care is one of Maine's largest and fastest-growing industries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the health care and social assistance industry in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the size, growth, and dynamics of Maine's health care workforce, which is crucial for understanding the state's labor market and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) program, a monthly survey of businesses.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health of Maine's health care industry and inform policy decisions related to workforce development, health care infrastructure, and economic growth.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag, and may be subject to revision as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Maine (SMU23000006562000001), retrieved from FRED.