All Employees: Education and Health Services: Nursing and Residential Care Facilities in Ohio
SMU39000006562300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169.44
Year-over-Year Change
3.63%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the nursing and residential care facilities industry within Ohio's education and health services sector. It is a key indicator for monitoring the state's healthcare workforce and economic activity.
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 Ohio metric tracks employment levels in this crucial healthcare industry. It provides insights into the labor market dynamics and service capacity of Ohio's nursing homes, assisted living facilities, and other long-term care providers.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by policymakers, economists, and industry analysts to assess the healthcare sector's economic performance and workforce trends in Ohio.
Key Facts
- Ohio has over 100,000 employees in nursing and residential care facilities.
- Employment in this sector has grown by 10% in the past 5 years.
- Nursing and residential care is a top 5 employer in Ohio's education and health services industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in nursing homes, assisted living facilities, and other residential care providers within Ohio's education and health services sector.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides important insights into the labor market and economic performance of Ohio's crucial healthcare industry, which is a major employer and service provider in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly 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 trend to assess the healthcare sector's workforce, service capacity, and economic contribution in Ohio.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag. It covers the nursing and residential care facilities industry but does not include other healthcare sectors.
Related Trends
Average Weekly Earnings of Production Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Ohio
SMU39000003133200030
90% Confidence Interval Upper Bound of Estimate of People of All Ages in Poverty for Ohio
PECIUBAAOH39000A647NCEN
State Government Tax Collections, Property Taxes in Ohio
OHPROPTAX
All Employees: Other Services: Repair and Maintenance in Ohio
SMU39000008081100001
All Employees: Education and Health Services: Private Education and Health Services in Ohio
OHEDUH
Per Capita Personal Consumption Expenditures: Services: Financial Services and Insurance for Ohio
OHPCEPCFININS
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in Ohio (SMU39000006562300001SA), retrieved from FRED.