All Employees: Education and Health Services: Offices of Physicians in Illinois
SMU17000006562110001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.50
Year-over-Year Change
1.35%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the offices of physicians sector in Illinois. It is an important indicator of the health of the state's healthcare industry and can inform economic and policy decisions.
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: Offices of Physicians in Illinois series tracks the total employment in physician's offices across the state. This metric provides insight into the labor market and economic activity within the healthcare sector, which is a key component of Illinois' economy.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the performance and outlook of Illinois' healthcare industry.
Key Facts
- Illinois has over 78,000 employees in physician's offices.
- Healthcare is the largest private-sector employer in the state.
- Physician office jobs have grown by 15% in Illinois over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in physician's offices across the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the healthcare labor market and economic activity in Illinois, which is a key industry for the state's economy.
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: Policymakers and economists use this trend to assess the performance and outlook of Illinois' healthcare industry, which informs economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Offices of Physicians in Illinois (SMU17000006562110001), retrieved from FRED.