All Employees: Health Care: Offices of Dentists in Illinois
SMU17000006562120001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.70
Year-over-Year Change
7.50%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the offices of dentists industry in Illinois. It provides insights into the health of the dental care sector and employment trends in the state.
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: Health Care: Offices of Dentists in Illinois metric tracks the total number of individuals employed in dental offices across the state. This data point is used by economists and policymakers to analyze the performance and labor dynamics of the dental care industry in Illinois.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the economic health of the dental care sector and its contribution to the overall Illinois labor market.
Key Facts
- Illinois has over 14,000 dental offices.
- The dental care industry employs approximately 30,000 people in the state.
- Employment in dental offices has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in dental offices across the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the health and labor dynamics of the dental care industry in Illinois, which is an important part of the state's health care sector and 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 analyze the performance and labor market conditions of the dental care industry, which can inform workforce development initiatives and economic policies.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be a lag of several weeks before the latest figures are released.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Offices of Dentists in Illinois (SMU17000006562120001A), retrieved from FRED.