All Employees: Education and Health Services: Hospitals in Rhode Island
SMU44000006562200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.14
Year-over-Year Change
0.03%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the hospitals industry in Rhode Island. It provides valuable insights into the state's healthcare workforce and economic conditions.
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 Rhode Island trend tracks the monthly employment levels in the hospital sector, a key component of the state's healthcare industry. This data is used by economists and policymakers to analyze labor market trends and assess the overall health of the state's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by state officials, healthcare organizations, and economic analysts to inform policy decisions and business strategies.
Key Facts
- Rhode Island has over 23,000 hospital employees as of the latest data.
- Hospital employment accounts for over 15% of the state's total nonfarm workforce.
- The hospital sector has seen steady job growth in Rhode Island over the past decade.
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 Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides valuable insights into the healthcare sector's economic performance and labor market conditions in Rhode Island.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State officials, healthcare organizations, and economic analysts use this data to inform policy decisions and business strategies related to the healthcare industry in Rhode Island.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in Rhode Island (SMU44000006562200001SA), retrieved from FRED.