Quarterly, Seasonally Adjusted
LFAC25FEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115,886,000.00
Year-over-Year Change
1.44%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly, seasonally adjusted data series measures the number of full-time equivalent employees in the U.S. federal government. It provides important insights into the size and composition of the federal civilian 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 Quarterly Full-Time Equivalent Federal Government Employment (LFAC25FEG7Q647S) series tracks the number of full-time equivalent (FTE) federal civilian employees on a quarterly basis. This metric is a key indicator of the federal government's staffing levels and labor force participation.
Methodology
The data is collected through surveys of federal agencies and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this series to monitor federal employment trends and assess the government's fiscal and administrative capacity.
Key Facts
- The series dates back to 1981.
- Quarterly FTE federal employment averaged 2.1 million in 2022.
- Federal civilian workforce has declined from a peak of 2.3 million in 1990.
FAQs
Q: What does this economic trend measure?
A: This data series measures the number of full-time equivalent (FTE) employees in the U.S. federal government on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The federal employment trend provides important insights into the size and composition of the government's civilian workforce, which is relevant for economists, policymakers, and the public.
Q: How is this data collected or calculated?
A: The data is collected through surveys of federal agencies and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this series to monitor federal employment trends and assess the government's fiscal and administrative capacity.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay, providing timely insights into federal employment levels.
Related Trends
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Balance of Payments: Capital Account: Expenditure for G7
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Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for G7
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Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for G7
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC25FEG7Q647S), retrieved from FRED.