All Employees: Education and Health Services: Social Assistance in Utah
SMU49000006562400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.90
Year-over-Year Change
7.87%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend tracks the number of all employees in the education and health services sector, specifically in the social assistance industry, for the state of Utah. It provides valuable insights into the labor market and economic conditions within this crucial service 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: Social Assistance in Utah metric represents the total number of individuals employed in social assistance-related occupations, such as child care, community food services, and individual and family services, within the broader education and health services industry in the state of Utah.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of establishments.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health and growth of the social assistance sector and its broader implications for the state's economy.
Key Facts
- Utah's social assistance employment has grown by 18% over the past 5 years.
- The social assistance sector accounts for 8.2% of total employment in Utah.
- Women make up 81% of the social assistance workforce in Utah.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in social assistance-related occupations, such as child care, community food services, and individual and family services, within the broader education and health services industry in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the labor market and economic conditions within the crucial social assistance sector, which is an important component of the education and health services industry in Utah.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess the health and growth of the social assistance sector and its broader implications for the state's economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Utah (SMU49000006562400001), retrieved from FRED.