All Employees: Education and Health Services: Social Assistance in Massachusetts
SMU25000006562400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.60
Year-over-Year Change
3.76%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the social assistance industry in Massachusetts, which is a key component of the education and health 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: Education and Health Services: Social Assistance in Massachusetts series tracks the total number of individuals employed in social assistance roles, such as child care, vocational rehabilitation, and other community services, within the Commonwealth.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This metric provides insight into the strength and growth of the social services industry, which has implications for state-level economic and workforce policy.
Key Facts
- Massachusetts has over 170,000 social assistance employees.
- The social assistance industry has grown by 15% in the past decade.
- Women make up over 80% of the social assistance workforce in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the social assistance industry in Massachusetts, which includes roles in child care, vocational rehabilitation, and other community services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of the social services industry, which has important implications for state-level economic and workforce policy.
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 economists use this data to understand the state of the social services industry and make informed decisions about workforce development, public assistance programs, and other relevant policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Massachusetts (SMU25000006562400001), retrieved from FRED.