All Employees: Education and Health Services: Social Assistance in Rhode Island
SMU44000006562400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.20
Year-over-Year Change
5.05%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Education and Health Services: Social Assistance in Rhode Island' trend measures employment in the social assistance industry within the education and health services sector in Rhode Island. This provides insight into the labor market and economic activity in this important service-providing industry.
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
This monthly employment series tracks the number of people working in social assistance roles, which includes individual and family services, community food and housing, and vocational rehabilitation services. It is a key indicator of the health and growth of the local service economy in Rhode Island.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by economists, policymakers, and businesses to assess labor market conditions and service industry performance in Rhode Island.
Key Facts
- Social assistance accounts for over 10% of total employment in Rhode Island.
- Employment in this sector has grown by 15% in the past 5 years.
- Rhode Island's social assistance workforce is primarily female (over 80%).
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in social assistance roles within the education and health services sector in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic performance of the social assistance industry, which is a key part of Rhode Island's service economy.
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: Economists, policymakers, and businesses use this employment trend to assess labor market conditions and service industry performance in Rhode Island, which informs economic and workforce development strategies.
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 additional reporting.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Rhode Island (SMU44000006562400001SA), retrieved from FRED.