All Employees: Education and Health Services: Health Care and Social Assistance in Pennsylvania
SMS42000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,163.60
Year-over-Year Change
3.69%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the health care and social assistance sector in Pennsylvania. It provides valuable insights into the state's healthcare workforce and economic 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: Health Care and Social Assistance in Pennsylvania metric tracks the total number of workers in the healthcare and social assistance industry within the state. This data point is used by economists and policymakers to analyze the strength and growth of Pennsylvania's healthcare sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by government agencies, healthcare providers, and economic analysts to inform policy decisions and market strategies.
Key Facts
- Pennsylvania's healthcare sector employs over 1 million workers.
- The healthcare industry accounts for nearly 15% of the state's total employment.
- Employment in Pennsylvania's health care and social assistance sector has grown by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the health care and social assistance sector within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the strength and growth of Pennsylvania's healthcare industry, which is a major driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government agencies, healthcare providers, and economic analysts closely monitor this trend to inform policy decisions and market strategies related to Pennsylvania's healthcare sector.
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: Health Care and Social Assistance in Pennsylvania (SMS42000006562000001), retrieved from FRED.