All Employees: Health Care: Offices of Other Health Practitioners in Illinois
SMU17000006562130001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.80
Year-over-Year Change
39.89%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the number of all employees in the Health Care industry's Offices of Other Health Practitioners sector in Illinois. It provides important insights into the size and trends of this key component of the healthcare workforce.
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: Health Care: Offices of Other Health Practitioners in Illinois' series tracks the total employment levels in this specialized healthcare services industry within the state. It is a valuable indicator of economic activity and labor market conditions in this vital sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and healthcare industry analysts to assess market dynamics and workforce trends.
Key Facts
- Illinois has over 120,000 healthcare practitioners and technical workers.
- The healthcare sector accounts for nearly 10% of Illinois' total employment.
- Employment in offices of other health practitioners has grown steadily in Illinois.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in offices of other health practitioners, such as chiropractors, optometrists, and physical therapists, within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides valuable insights into the size and growth of a key component of Illinois' healthcare industry, which is a major driver of the state's economy.
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 healthcare industry analysts closely monitor this employment trend to assess market dynamics and workforce trends in the Illinois healthcare sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Offices of Other Health Practitioners in Illinois (SMU17000006562130001A), retrieved from FRED.