All Employees: Health Care: Hospitals in Louisiana
SMU22000006562200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.50
Year-over-Year Change
29.01%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Health Care: Hospitals in Louisiana' metric tracks employment levels in the hospital sector within Louisiana. This statistic is a key indicator of economic activity and labor market conditions in the state's healthcare industry.
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 data series measures the total number of employees working in hospitals across the state of Louisiana. It is used by economists, policymakers, and industry analysts to monitor trends in healthcare employment and assess the overall health of the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in hospital employment levels in Louisiana can provide insights into the broader performance of the state's healthcare sector and its impact on the overall economy.
Key Facts
- Louisiana has over 100 hospitals across the state.
- The healthcare industry is one of the largest employers in Louisiana.
- Hospital employment accounts for a significant portion of the state's total healthcare workforce.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees working in hospitals across the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: Changes in hospital employment levels in Louisiana can provide insights into the broader performance of the state's healthcare sector and its impact on the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor trends in healthcare employment and assess the overall health of Louisiana's economy.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and potential revisions of the Current Employment Statistics program.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Hospitals in Louisiana (SMU22000006562200001A), retrieved from FRED.