All Employees: Education and Health Services: Home Health Care Services in Massachusetts
This dataset tracks all employees: education and health services: home health care services in massachusetts over time.
Latest Value
43.47
Year-over-Year Change
3.90%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the home health care services industry in Massachusetts. It provides valuable insights into the labor market and healthcare sector performance in the state.
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: Home Health Care Services in Massachusetts series tracks the number of people employed in the home health care services industry within the broader education and health services sector in the state of Massachusetts. This metric is closely watched by economists and policymakers to gauge the strength of the healthcare labor market.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used to assess the overall health of the Massachusetts economy and monitor the state's healthcare industry.
Key Facts
- Massachusetts has a large and growing home health care services industry.
- Employment in this sector has steadily increased over the past decade.
- Home health care is a critical component of the state's healthcare system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the home health care services industry within the education and health services sector in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength of the healthcare labor market and the overall performance of the Massachusetts economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of the Massachusetts healthcare industry and the broader state economy.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with potential delays in reporting from the source.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Home Health Care Services in Massachusetts (SMU25000006562160001SA), retrieved from FRED.