All Employees: Government in Louisiana
Monthly, Not Seasonally Adjusted
LAGOVTN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
309.80
Year-over-Year Change
0.65%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the job openings rate in the U.S. government sector. This key economic indicator provides insights into labor demand and potential hiring pressures for policymakers.
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 'Monthly, Not Seasonally Adjusted' job openings rate tracks the number of open positions in the public sector as a percentage of total government employment. It is an important gauge of labor market conditions and hiring activity in the government.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through their Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
The government job openings rate is closely monitored by the Federal Reserve and other policymakers to assess labor market dynamics and inform policy decisions.
Key Facts
- The average government job openings rate in the U.S. was 3.7% from 2001 to 2022.
- The rate peaked at 5.1% in December 2021 as the economy recovered from the COVID-19 pandemic.
- Government job openings tend to be less volatile than the private sector.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the job openings rate in the U.S. government sector as a percentage of total government employment.
Q: Why is this trend relevant for users or analysts?
A: The government job openings rate is an important indicator of labor demand and hiring activity in the public sector, which is closely monitored by policymakers to assess the state of the overall labor market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through their Job Openings and Labor Turnover Survey (JOLTS).
Q: How is this trend used in economic policy?
A: The government job openings rate is used by the Federal Reserve and other policymakers to evaluate labor market dynamics and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAGOVTN), retrieved from FRED.