All Employees: Education and Health Services: Nursing and Residential Care Facilities in North Carolina
SMU37000006562300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.02
Year-over-Year Change
2.73%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total employment in the nursing and residential care facilities industry in North Carolina. It is an important indicator of the healthcare and long-term care sector's economic activity and labor market conditions 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: Nursing and Residential Care Facilities in North Carolina series tracks the number of people employed in nursing homes, assisted living facilities, and other residential care establishments across the state. It provides insights into the size and trends of this key healthcare industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is used by policymakers, economists, and industry analysts to monitor the healthcare sector and evaluate economic conditions in North Carolina.
Key Facts
- North Carolina has over 420,000 people employed in the education and health services sector.
- Nursing and residential care facilities account for over 100,000 jobs in the state.
- Employment in this industry has grown by 15% in North Carolina over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in nursing homes, assisted living facilities, and other residential care establishments in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the size and performance of the healthcare and long-term care industry in North Carolina, which is a key sector of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this employment data to monitor the healthcare sector and evaluate economic conditions in North Carolina.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in North Carolina (SMU37000006562300001SA), retrieved from FRED.