All Employees: Education and Health Services: Nursing and Residential Care Facilities in Oregon
SMU41000006562300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.50
Year-over-Year Change
7.27%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the nursing and residential care facilities industry in Oregon. It provides insight into the state's healthcare and social assistance 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: Nursing and Residential Care Facilities in Oregon metric tracks the number of individuals employed in the nursing home, assisted living, and other residential care facilities within the state. This data is useful for analyzing labor market trends and the healthcare industry's economic performance.
Methodology
The Bureau of Labor Statistics collects this data through monthly surveys of employers.
Historical Context
Policymakers and economists monitor this trend to assess the healthcare industry's economic conditions and workforce dynamics.
Key Facts
- Oregon's nursing and residential care facilities employed over 55,000 workers as of the latest data.
- Employment in this industry has grown by 12% in Oregon over the past 5 years.
- The nursing and residential care sector accounts for over 15% of Oregon's total healthcare and social assistance workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals employed in nursing homes, assisted living facilities, and other residential care establishments in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the size and dynamics of Oregon's healthcare and social assistance industry, which is a significant component of the state's economy.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects this data through monthly surveys of employers in Oregon.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the healthcare industry's economic conditions and workforce dynamics, which can inform policy decisions.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis, with a typical lag of 1-2 months between the reference period and the publication date.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in Oregon (SMU41000006562300001), retrieved from FRED.