All Employees: Education and Health Services: Health Care and Social Assistance in South Carolina
SMU45000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
262.70
Year-over-Year Change
5.46%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the health care and social assistance sector in South Carolina. It provides valuable insights into the state's healthcare workforce and economic activity.
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: Health Care and Social Assistance in South Carolina metric tracks the number of people employed in this key industry. It offers analysts and policymakers a gauge of the healthcare sector's labor market and economic conditions within the state.
Methodology
The data is collected through surveys of businesses and establishments.
Historical Context
This trend is used to inform economic and workforce development policies in South Carolina.
Key Facts
- South Carolina's healthcare and social assistance sector employs over 300,000 people.
- This industry accounts for over 15% of the state's total nonfarm employment.
- Employment in this sector has grown by 20% over the past decade in South Carolina.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of people employed in the healthcare and social assistance industry in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into the labor market and economic conditions of a key sector in the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments.
Q: How is this trend used in economic policy?
A: It informs workforce development and economic policies for the healthcare industry in South Carolina.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in South Carolina (SMU45000006562000001), retrieved from FRED.