All Employees: Education and Health Services: General Medical and Surgical Hospitals in Pennsylvania
SMU42000006562210001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
253.24
Year-over-Year Change
2.13%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in general medical and surgical hospitals in Pennsylvania, which is a key indicator of activity and labor demand 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: General Medical and Surgical Hospitals in Pennsylvania series tracks the total employment levels at hospitals providing a wide range of medical services across the state. This metric is used by economists and policymakers to assess the overall health and growth of the Pennsylvania healthcare industry.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in hospital employment are closely monitored as they reflect broader dynamics in healthcare utilization, funding, and labor markets.
Key Facts
- Pennsylvania has over 220 general medical and surgical hospitals.
- The healthcare sector employs over 1 million workers in the state.
- Hospital employment has grown by 8% in Pennsylvania over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees at general medical and surgical hospitals located in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: Trends in hospital employment provide insight into the overall health and growth of the Pennsylvania healthcare industry, which is a major driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor hospital employment to assess healthcare sector dynamics, labor market conditions, and broader economic performance in Pennsylvania.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: General Medical and Surgical Hospitals in Pennsylvania (SMU42000006562210001SA), retrieved from FRED.