All Employees: Education and Health Services: Social Assistance in Rhode Island
SMU44000006562400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.30
Year-over-Year Change
5.16%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the social assistance industry in Rhode Island. It provides insight into the state's healthcare and social services sector, which is an important part of the local economy.
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 Rhode Island data series tracks the total number of individuals employed in social assistance roles across the state. This metric helps analysts and policymakers understand workforce trends and labor market conditions in this key industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring this employment trend can inform decisions around economic development, social programs, and public health initiatives in Rhode Island.
Key Facts
- Rhode Island has over 20,000 social assistance employees.
- This industry accounts for 5% of total state employment.
- Social assistance jobs have grown 10% in Rhode Island over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees working in the social assistance industry across Rhode Island. This includes roles in child daycare, individual and family services, and community food and housing services.
Q: Why is this trend relevant for users or analysts?
A: The social assistance sector is an important part of Rhode Island's healthcare and social services industry, which is a key driver of the state's economy. Monitoring employment in this field can provide insights into economic and workforce conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted monthly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers can use this employment data to inform decisions around social programs, workforce development, and economic growth strategies in Rhode Island's healthcare and social services sector.
Q: Are there update delays or limitations?
A: The CES data is published with a one-month lag, so the most recent figures may not reflect the current month's employment levels. Additionally, this series only covers the state of Rhode Island and does not include national-level data.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Rhode Island (SMU44000006562400001), retrieved from FRED.