All Employees: Education and Health Services: Nursing and Residential Care Facilities in Oregon
SMU41000006562300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.47
Year-over-Year Change
7.28%
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 health of the state's long-term care sector, which is crucial for supporting aging populations.
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 series tracks the number of people employed in nursing homes, assisted living facilities, and other residential care providers across the state. This metric is an important indicator of workforce capacity and economic activity in Oregon's elder care industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and healthcare analysts use this trend to monitor the supply of long-term care services and identify workforce needs.
Key Facts
- Oregon's nursing and residential care facilities employ over 60,000 people.
- Employment in this sector has grown by 20% over the past decade.
- The industry accounts for nearly 10% of Oregon's total healthcare workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in nursing homes, assisted living facilities, and other residential care providers across the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the capacity and economic health of Oregon's long-term care industry, which is crucial for supporting the state's aging population.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and healthcare analysts use this trend to monitor the supply of long-term care services and identify workforce needs in Oregon.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month delay.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in Oregon (SMU41000006562300001SA), retrieved from FRED.