All Employees: Government in Hawaii
Monthly, Seasonally Adjusted
HIGOVT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.00
Year-over-Year Change
1.03%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the total number of hiring events in the government sector, providing insights into labor market dynamics.
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 monthly indicator tracks hiring activity in federal, state, and local government agencies, offering a timely barometer of employment conditions in the public sector.
Methodology
The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Hiring in the government sector is a key consideration for policymakers evaluating the overall health of the labor market.
Key Facts
- Government hiring accounts for approximately 15% of total nonfarm employment.
- Hiring in the government sector tends to be less volatile than the private sector.
- The monthly government hiring series is a leading indicator of broader employment trends.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series tracks the number of hiring events in the government sector, including federal, state, and local agencies.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides timely insights into employment conditions in the public sector, which is a significant component of the overall labor market.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government hiring is a key consideration for policymakers evaluating the health of the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The government hiring data is published monthly with a typical release lag of approximately 2-3 weeks.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (HIGOVT), retrieved from FRED.