All Employees: Education and Health Services: Hospitals in Colorado
SMU08000006562200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.80
Year-over-Year Change
4.44%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the education and health services sector, specifically in the hospitals industry, for the state of Colorado. It provides important insights into the labor market and economic activity in this critical sector.
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 Colorado metric tracks the total number of people employed in the hospital industry as part of the broader education and health services sector in the state. This data point is used by economists and policymakers to analyze trends in the healthcare labor market and broader economic conditions.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the healthcare industry's economic impact and labor market dynamics in Colorado.
Key Facts
- Colorado has over 70,000 hospital employees.
- The hospital industry is a major employer in the state's education and health services sector.
- Employment in Colorado hospitals has grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the hospital industry as part of the broader education and health services sector in the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the labor market and economic activity in Colorado's critical healthcare industry, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the healthcare industry's economic impact and labor market dynamics in Colorado, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the normal release schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in Colorado (SMU08000006562200001), retrieved from FRED.