All Employees: Education and Health Services: Hospitals in South Carolina
This dataset tracks all employees: education and health services: hospitals in south carolina over time.
Latest Value
46.70
Year-over-Year Change
4.67%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the total number of employees in the hospital industry in South Carolina. It is an important indicator of the state's healthcare sector and labor market 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 South Carolina data series tracks the total number of workers employed in hospital establishments located within the state. It provides insights into the size and dynamics of the healthcare industry, which is a key component of South Carolina's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts use this metric to monitor the healthcare labor market and assess the economic performance of the hospital sector.
Key Facts
- South Carolina's hospital employment accounts for over 10% of the state's total nonfarm workforce.
- Hospital jobs in the state have grown by 15% over the past decade.
- The hospital industry is one of the largest private-sector employers in South Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in hospital establishments located within the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: The hospital industry is a crucial component of South Carolina's healthcare sector and labor market, so this metric provides important insights for policymakers, economists, and industry stakeholders.
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: Policymakers and analysts use this metric to monitor the healthcare labor market and assess the economic performance of the hospital sector in South Carolina.
Q: Are there update delays or limitations?
A: The data is published monthly 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: Hospitals in South Carolina (SMU45000006562200001SA), retrieved from FRED.