All Employees: Education and Health Services: Social Assistance in Virginia
SMU51000006562400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.10
Year-over-Year Change
3.16%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the social assistance industry within the education and health services sector in Virginia. It provides insights into the labor market and service provision in this important part of the state's 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 Virginia trend tracks the total number of people employed in social assistance roles, which includes a range of community, individual, and family services. This data helps economists and policymakers monitor the health and trends of Virginia's social service workforce.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely watched by state officials, social service providers, and economic analysts to understand dynamics in Virginia's healthcare and human services industries.
Key Facts
- Virginia's social assistance sector employs over 100,000 workers.
- Employment in this industry has grown by 20% over the past decade.
- The social assistance workforce makes up about 3% of total employment in Virginia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in social assistance roles within the education and health services sector in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the labor market and service capacity of Virginia's social assistance industry, which is a critical part of the state's healthcare and human services infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State officials, social service providers, and economic analysts closely monitor this employment trend to understand dynamics in Virginia's healthcare and human services industries and inform policy decisions.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag, so it provides timely insights but may not reflect the most recent economic conditions.
Similar SMU Trends
Real Gross Domestic Product: Mining, Quarrying, and Oil and Gas Extraction (21) in Virginia
VAMINRGSP
Real Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in Virginia
VAFNDTRSTRGSP
All Employees: Employment Services in Virginia
SMU51000006056130001A
Initial Claims in Virginia
VAICLAIMS
Real Gross Domestic Product: Transportation and Warehousing (48-49) in Virginia
VATRANSWARERGSP
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Virginia
VAPCEGONPI
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Social Assistance in Virginia (SMU51000006562400001), retrieved from FRED.