All Employees: Education and Health Services: Hospitals in Pennsylvania

SMU42000006562200001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

283.20

Year-over-Year Change

1.07%

Date Range

1/1/1990 - 6/1/2025

Summary

This economic trend measures the number of all employees in the education and health services sector, specifically in the hospital industry in Pennsylvania. It provides insight into the labor market and employment conditions in this critical 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 Pennsylvania series tracks the total number of employees in the hospital industry within the broader education and health services sector in the state of Pennsylvania. This metric is widely used by economists, policymakers, and industry analysts to gauge the overall health and labor market dynamics of this key economic segment.

Methodology

The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This trend is closely monitored by policymakers and industry stakeholders to assess the economic conditions and labor market trends in the healthcare sector.

Key Facts

  • Pennsylvania's hospital industry employs over 600,000 workers.
  • The education and health services sector is the largest employer in Pennsylvania.
  • Hospital employment has grown steadily in Pennsylvania over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees in the hospital industry within the broader education and health services sector in the state of Pennsylvania.

Q: Why is this trend relevant for users or analysts?

A: This metric is widely used by economists, policymakers, and industry analysts to gauge the overall health and labor market dynamics of the healthcare sector in Pennsylvania.

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: This trend is closely monitored by policymakers and industry stakeholders to assess the economic conditions and labor market trends in the healthcare sector.

Q: Are there update delays or limitations?

A: The data is updated monthly by the U.S. Bureau of Labor Statistics, with minimal delays.

Similar SMU Trends

Citation

U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in Pennsylvania (SMU42000006562200001), retrieved from FRED.