Employed Persons in South Carolina
LASST450000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,459,338.00
Year-over-Year Change
1.18%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Employed Persons in South Carolina' series tracks the number of employed individuals in the state of South Carolina. This metric is a key indicator of the state's overall economic health 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
This series represents the total number of individuals employed in South Carolina, regardless of industry or occupation. It is a widely used statistic that provides insights into the strength and direction of the state's economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to assess the labor market and make informed decisions regarding economic policies.
Key Facts
- South Carolina's employment level reached a record high in 2019.
- The COVID-19 pandemic led to a significant decline in employment in the state.
- The service sector accounts for the largest share of employed persons in South Carolina.
FAQs
Q: What does this economic trend measure?
A: The 'Employed Persons in South Carolina' series measures the total number of individuals employed in the state, regardless of industry or occupation.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength and direction of South Carolina's labor market and overall economic conditions, which are crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the state's labor market and make informed decisions regarding economic policies.
Q: Are there update delays or limitations?
A: The employment data is typically released on a monthly basis, with some potential for minor delays or revisions.
Related Trends
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Real Estate, Rental and Leasing Wages and Salaries in South Carolina
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Per Capita Personal Consumption Expenditures: Services: Recreation Services for South Carolina
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State Government Tax Collections, General Sales and Gross Receipts Taxes in South Carolina
SCSALESTAX
Value of Exports to Israel from South Carolina
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Real Gross Domestic Product: Health Care and Social Assistance (62) in South Carolina
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Citation
U.S. Federal Reserve, Employed Persons in South Carolina (LASST450000000000005), retrieved from FRED.