All Employees: Education and Health Services: Health Care and Social Assistance in Hawaii
SMS15000006562000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.10
Year-over-Year Change
4.77%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the health care and social assistance sector in Hawaii. It is an important indicator of the state's health care industry and economic activity.
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 Hawaii metric tracks the total employment levels in this key service industry, which includes hospitals, nursing homes, and other health and social assistance providers.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to assess the strength of Hawaii's health care sector and its broader economic implications.
Key Facts
- Hawaii's health care and social assistance sector employs over 100,000 workers.
- Employment in this industry has grown steadily over the past decade.
- The health care sector accounts for approximately 10% of Hawaii's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the health care and social assistance industry in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: The health care sector is a major driver of Hawaii's economy, and this trend provides insight into the strength and growth of this critical industry.
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, economists, and industry analysts use this trend to assess the health and growth of Hawaii's health care sector and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Health Care and Social Assistance in Hawaii (SMS15000006562000001), retrieved from FRED.