All Employees: Education and Health Services in West Virginia
This dataset tracks all employees: education and health services in west virginia over time.
Latest Value
141.00
Year-over-Year Change
14.91%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of people employed in the education and health services industry in West Virginia. It provides insight into the state's labor market and service sector activity.
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 in West Virginia series tracks non-farm payroll employment in this critical economic sector. It is used by analysts and policymakers to monitor workforce trends and understand the relative strength of the state's service economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This metric offers important context for assessing the West Virginia economy and informing policy decisions related to healthcare, education, and workforce development.
Key Facts
- West Virginia's education and health services sector employs over 250,000 people.
- This industry accounts for nearly 25% of total non-farm employment in the state.
- Employment in this sector has grown by over 10% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the education and health services industry in West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of West Virginia's service sector and labor market, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric offers important context for assessing the West Virginia economy and informing policy decisions related to healthcare, education, and workforce development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services in West Virginia (SMU54000006500000001A), retrieved from FRED.