All Employees: Education and Health Services: Health Care and Social Assistance in Puerto Rico
SMU72000006562000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.52
Year-over-Year Change
2.12%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the health care and social assistance sector in Puerto Rico. It is a key indicator of economic activity and labor market conditions in the 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: Health Care and Social Assistance in Puerto Rico series tracks the total nonfarm employment in this important industry. It provides insights into the size and growth of the healthcare workforce, which is a crucial component of the Puerto Rican economy.
Methodology
The data is collected through surveys of Puerto Rican businesses and establishments.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the health of the Puerto Rican economy.
Key Facts
- Puerto Rico's healthcare and social assistance sector employs over 130,000 people.
- Employment in this industry has grown by over 10% in the past decade.
- The healthcare sector accounts for nearly 15% of total employment in Puerto Rico.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the health care and social assistance sector in Puerto Rico. It provides insights into the size and composition of the healthcare workforce.
Q: Why is this trend relevant for users or analysts?
A: The healthcare industry is a major driver of the Puerto Rican economy, and this employment trend is closely watched by policymakers, economists, and industry analysts to assess the health and growth of this crucial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Puerto Rican businesses and establishments by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers and economists to inform decisions about healthcare funding, workforce development, and economic policies in Puerto Rico.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be revisions to previous months' data as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Puerto Rico (SMU72000006562000001SA), retrieved from FRED.