All Employees: Education and Health Services: Nursing and Residential Care Facilities in South Carolina
SMU45000006562300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.24
Year-over-Year Change
6.22%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in nursing and residential care facilities in South Carolina's education and health services sector. It provides insights into the labor market and economic activity in this important healthcare industry.
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: Nursing and Residential Care Facilities in South Carolina indicator tracks the total number of individuals employed in nursing homes, assisted living facilities, and other residential care establishments within the state. This metric is a key economic indicator for monitoring the healthcare industry's workforce and service capacity.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by policymakers, economists, and industry analysts to assess employment trends and labor market conditions in South Carolina's healthcare sector.
Key Facts
- South Carolina has over 50,000 employees in nursing and residential care facilities.
- Employment in this sector has grown by 15% over the past decade.
- The nursing and residential care industry is a major employer in South Carolina's education and health services sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in nursing homes, assisted living facilities, and other residential care establishments in South Carolina's education and health services sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the labor market and economic activity in South Carolina's healthcare industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this trend to assess employment trends and labor market conditions in South Carolina's healthcare sector, which informs policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in South Carolina (SMU45000006562300001SA), retrieved from FRED.