All Employees: Education and Health Services: Hospitals in North Carolina
SMU37000006562200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.70
Year-over-Year Change
4.68%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the hospital industry in North Carolina. It provides important insights into the healthcare workforce and economic activity 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: Education and Health Services: Hospitals in North Carolina series tracks the total employment levels in the hospital sector of North Carolina's economy. This metric is a key indicator of healthcare industry performance and can inform policy decisions related to public health, workforce development, and economic growth.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts use this employment trend to monitor the healthcare sector and its contribution to the broader North Carolina economy.
Key Facts
- North Carolina has over 130,000 hospital employees.
- Hospital employment accounts for over 10% of the state's total workforce.
- The healthcare sector is one of the fastest-growing industries in North Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the hospital industry in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the healthcare workforce and economic activity in North Carolina, which is useful for policymakers, industry analysts, and researchers.
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 industry analysts use this employment trend to monitor the healthcare sector and its contribution to the broader North Carolina economy, which can inform decisions related to public health, workforce development, and economic growth.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with a lag of several weeks. There may be some limitations in capturing employment changes in small or specialized healthcare facilities.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in North Carolina (SMU37000006562200001), retrieved from FRED.