All Employees: Education and Health Services: Social Assistance in North Carolina
SMU37000006562400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.80
Year-over-Year Change
5.22%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the social assistance industry in North Carolina, which is an important indicator of the state's healthcare and social 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 North Carolina data series tracks the total number of people employed in social assistance occupations, such as child daycare services, individual and family services, and community food and housing services. This metric is useful for analyzing workforce trends and the overall health of North Carolina's social services industry.
Methodology
The data is collected through surveys of North Carolina businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to assess the capacity and growth of North Carolina's social assistance programs.
Key Facts
- Social assistance is the fastest-growing industry in North Carolina's education and health services sector.
- In 2022, social assistance employment in North Carolina reached a record high of over 250,000 workers.
- The social assistance industry accounts for over 25% of total employment in North Carolina's education and health services sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the social assistance industry in North Carolina, which includes occupations like child daycare, individual and family services, and community food and housing programs.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the capacity and growth of North Carolina's social services sector, which is a key part of the state's healthcare and education industries.
Q: How is this data collected or calculated?
A: The data is collected through surveys of North Carolina businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the state's social assistance programs and make informed decisions about healthcare, social services, and workforce development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in North Carolina (SMU37000006562400001), retrieved from FRED.