All Employees: Education and Health Services in Tennessee
This dataset tracks all employees: education and health services in tennessee over time.
Latest Value
492.70
Year-over-Year Change
23.48%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Education and Health Services in Tennessee' metric tracks the total number of people employed in the education and health services industry in the state of Tennessee. This data provides insights into the economic health and labor market trends within this key 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
This economic series measures the total number of employees in Tennessee's education and health services industries, which includes public and private schools, colleges, hospitals, and other healthcare providers. It is an important indicator of the strength and growth of these vital service sectors within the state's economy.
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 analysts use this employment data to assess the economic conditions and labor market dynamics in Tennessee's education and healthcare industries.
Key Facts
- Tennessee's education and health services industry employs over 700,000 workers.
- Employment in this sector has grown by over 10% in the past decade.
- The education and health services industry accounts for nearly 20% of Tennessee's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed in Tennessee's education and health services industry, including schools, colleges, hospitals, and other healthcare providers.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the strength and growth of two vital service sectors within Tennessee's economy, helping policymakers and analysts assess economic conditions and labor market dynamics.
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 analysts use this employment data to evaluate the economic conditions and labor market trends in Tennessee's education and healthcare industries, which are key drivers of the state's economy.
Q: Are there update delays or limitations?
A: The employment 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 in Tennessee (SMU47000006500000001A), retrieved from FRED.