All Employees: Education and Health Services: Hospitals in Puerto Rico
SMU72000006562200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.80
Year-over-Year Change
2.49%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the hospital industry in Puerto Rico. It is an important indicator of the size and health of the healthcare sector in the region.
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 Puerto Rico series tracks the monthly employment levels in Puerto Rico's hospital industry. This metric is closely watched by economists and policymakers to gauge the economic conditions and labor market trends in the healthcare sector.
Methodology
The data is collected through monthly surveys of Puerto Rican businesses and establishments.
Historical Context
This employment trend is used to inform economic and healthcare policy decisions at the local and national level.
Key Facts
- Puerto Rico's hospital industry employs over 50,000 workers.
- Employment in Puerto Rican hospitals has grown by 10% over the past 5 years.
- The hospital 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 people employed in the hospital industry in Puerto Rico, including doctors, nurses, and support staff.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and health of Puerto Rico's healthcare sector, which is a critical part of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Puerto Rican businesses and establishments.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to inform decisions related to healthcare, labor markets, and economic development in Puerto Rico.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in Puerto Rico (SMU72000006562200001), retrieved from FRED.