All Employees: Health Care: Offices of Physicians in Louisiana
SMU22000006562110001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.40
Year-over-Year Change
29.17%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures total employment in offices of physicians in the state of Louisiana. It provides insights into the health care industry and economic conditions 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 Physicians in Louisiana' series tracks the number of people employed in physician offices across Louisiana. This metric serves as an indicator of the size and health of the state's medical services sector.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to assess the strength of Louisiana's health care market.
Key Facts
- Louisiana has over 15,000 physicians employed in offices.
- Physician office jobs account for 10% of Louisiana's health care workforce.
- Employment in this sector has grown by 3% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in offices of physicians across the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the size and health of Louisiana's medical services industry, which is a key component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts closely monitor this employment trend to assess the strength of Louisiana's health care market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Offices of Physicians in Louisiana (SMU22000006562110001A), retrieved from FRED.