All Employees: Education and Health Services: Hospitals in Maine
This dataset tracks all employees: education and health services: hospitals in maine over time.
Latest Value
29.75
Year-over-Year Change
-2.22%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the education and health services sector, specifically in the hospitals industry in the state of Maine. It provides important insights into the labor market and economic activity in the healthcare sector.
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: Hospitals in Maine series tracks the total number of individuals employed in the hospital industry as part of the broader education and health services sector within the state of Maine. This metric is a key indicator of economic conditions and labor market trends in the healthcare industry.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and industry analysts to monitor the health of the healthcare sector and inform decision-making.
Key Facts
- Maine's hospital industry employs over 35,000 people.
- Employment in Maine's hospitals has grown by 8% over the past 5 years.
- The healthcare sector accounts for 15% of Maine's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the hospital industry as part of the education and health services sector in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market and economic conditions within the healthcare sector, which is a critical industry for Maine'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 analysts use this trend to monitor the healthcare industry and inform decisions related to economic development, workforce planning, and public health initiatives.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in Maine (SMU23000006562200001SA), retrieved from FRED.