All Employees: State Government Hospitals in Massachusetts
SMU25000009092262201A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-26.92%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of state government hospital employees in Massachusetts. It provides insight into the size and employment trends of this sector, which is an important part of the state's healthcare infrastructure.
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: State Government Hospitals in Massachusetts series tracks the total number of people employed at state-run hospitals in the Commonwealth. This data point is used by economists and policymakers to analyze the labor market and funding levels for public healthcare services.
Methodology
The data is collected through surveys of state government agencies in Massachusetts.
Historical Context
This trend is relevant for understanding the role of the public sector in healthcare delivery and employment.
Key Facts
- Massachusetts has over 70 state government-run hospitals.
- State government hospitals employ over 25,000 people in Massachusetts.
- Employment in this sector has grown by 5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed at state government-run hospitals in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the size and labor market trends of the public healthcare sector in Massachusetts, which is an important part of the state's economy and service infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state government agencies in Massachusetts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze public sector employment, healthcare funding, and the role of government in service delivery.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of 2-3 months.
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Citation
U.S. Federal Reserve, All Employees: State Government Hospitals in Massachusetts (SMU25000009092262201A), retrieved from FRED.