All Employees: Education and Health Services: Nursing Care Facilities (Skilled Nursing Facilities) in Wisconsin
SMU55000006562310001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.60
Year-over-Year Change
1.59%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the nursing care facilities (skilled nursing facilities) industry in Wisconsin. It provides insight into the healthcare and long-term care workforce, which is crucial for understanding economic and demographic shifts.
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: Nursing Care Facilities (Skilled Nursing Facilities) in Wisconsin series tracks the total employment levels in this specific healthcare sector within the state. It is used by economists, policymakers, and industry analysts to monitor workforce trends and changes in the long-term care industry.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the healthcare and social assistance industry in Wisconsin, as well as the broader economic and demographic conditions affecting the state.
Key Facts
- Wisconsin has over 70,000 nursing care facility employees.
- Employment in this sector has grown by 5% in the past 5 years.
- Nursing homes are a major employer in many Wisconsin communities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in nursing care facilities (skilled nursing facilities) within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the healthcare and long-term care workforce in Wisconsin, which is crucial for understanding economic and demographic shifts in the state.
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: This employment trend is relevant for understanding the healthcare and social assistance industry in Wisconsin, as well as the broader economic and demographic conditions affecting the state.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with potential delays in availability due to the survey collection process.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing Care Facilities (Skilled Nursing Facilities) in Wisconsin (SMU55000006562310001), retrieved from FRED.