All Employees: Health Care: Nursing and Residential Care Facilities in Nebraska

SMU31000006562300001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

28.10

Year-over-Year Change

0.00%

Date Range

1/1/1990 - 1/1/2024

Summary

This economic trend measures the total number of employees in the nursing and residential care facilities industry within the state of Nebraska. It is a key indicator of the health and stability of the local healthcare 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: Health Care: Nursing and Residential Care Facilities in Nebraska metric tracks the total employment in this sub-sector of the healthcare industry. It provides insights into the labor demands and economic conditions within Nebraska's long-term care facilities.

Methodology

The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

This employment trend is widely used by economists, policymakers, and industry analysts to evaluate the healthcare labor market and economic health of Nebraska.

Key Facts

  • Nebraska has over 20,000 employees in nursing and residential care facilities.
  • This industry accounts for around 2.5% of total employment in the state.
  • Employment in this sector has grown by 7% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees working in nursing and residential care facilities within the state of Nebraska.

Q: Why is this trend relevant for users or analysts?

A: This metric provides important insights into the health and labor demands of Nebraska's long-term healthcare industry, which is a significant component of the state's economy.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Economists, policymakers, and industry analysts use this employment trend to evaluate the healthcare labor market and economic conditions within Nebraska.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical lag of 1-2 months from the reference period.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Health Care: Nursing and Residential Care Facilities in Nebraska (SMU31000006562300001A), retrieved from FRED.