All Employees: Education and Health Services: Social Assistance in Utah
SMU49000006562400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.25
Year-over-Year Change
8.28%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the social assistance industry within the education and health services sector in Utah. It provides insights into the state's labor market dynamics and workforce trends in this critical service 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
The All Employees: Education and Health Services: Social Assistance in Utah metric tracks the total number of individuals employed in the social assistance subsector, which includes establishments providing individual and family services, community food and housing, and emergency and other relief services.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is useful for policymakers, economists, and industry analysts to understand the health and growth of Utah's social assistance sector and its impact on the broader economy.
Key Facts
- The social assistance industry in Utah employs over 55,000 workers.
- This sector has seen steady growth over the past decade.
- Social assistance accounts for over 10% of Utah's total private-sector employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the social assistance industry within the education and health services sector in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and growth of Utah's social assistance sector, which is a critical component of the state's economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this trend to understand the dynamics of Utah's social assistance sector and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Utah (SMU49000006562400001SA), retrieved from FRED.