Labor Compensation: Earnings: All Activities: Hourly for Spain
Index 2015=100, Quarterly, Seasonally Adjusted
LCEATT01ESQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.58
Year-over-Year Change
8.17%
Date Range
1/1/1981 - 7/1/2023
Summary
The Index 2015=100, Quarterly, Seasonally Adjusted is a key measure of long-term care employment in the United States. It provides insight into trends and changes in the labor market for this essential healthcare 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
This index tracks the total number of employees in the long-term care industry on a quarterly basis, with data seasonally adjusted and benchmarked to the year 2015. It is a valuable indicator for economists and policymakers monitoring the healthcare workforce and its impact on the broader economy.
Methodology
The data is collected through surveys of long-term care facilities and employers by the U.S. Bureau of Labor Statistics.
Historical Context
The long-term care employment index informs policy discussions around healthcare system capacity, workforce planning, and the economic effects of demographic shifts.
Key Facts
- The index has a base year of 2015 = 100.
- Data is reported on a quarterly, seasonally adjusted basis.
- The long-term care industry is a major employer in the U.S. healthcare sector.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly, Seasonally Adjusted measures the total employment levels in the long-term care industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into the healthcare workforce and labor market dynamics, which is crucial for economic analysis, policy planning, and understanding the capacity of the long-term care system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of long-term care facilities and employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The long-term care employment index informs policy discussions around healthcare system capacity, workforce planning, and the economic effects of demographic shifts.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical 1-2 month delay in the most recent figures.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Seasonally Adjusted (LCEATT01ESQ661S), retrieved from FRED.