All Employees: Government in New Mexico
This dataset tracks all employees: government in new mexico over time.
Latest Value
193.50
Year-over-Year Change
0.78%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Government in New Mexico' trend measures the total number of government employees in the state of New Mexico. This metric is important for understanding the size and composition of the state's public sector 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
This economic indicator tracks the total number of government employees in New Mexico, including federal, state, and local government workers. The data is used by economists, policymakers, and analysts to assess the scale and trends in public sector employment within the state.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Tracking government employment is relevant for understanding New Mexico's economic conditions and fiscal policies.
Key Facts
- New Mexico had over 182,000 government employees as of the latest data.
- Government is the largest employer in New Mexico, making up about 21% of total state employment.
- Federal government is the largest component of public sector jobs in New Mexico.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Government in New Mexico' trend measures the total number of government workers employed at the federal, state, and local levels within the state of New Mexico.
Q: Why is this trend relevant for users or analysts?
A: Tracking government employment is important for understanding the size and composition of New Mexico's public sector workforce, which is a major component of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government employment data is used by policymakers, economists, and analysts to assess fiscal conditions and evaluate the role of the public sector in New Mexico's economy.
Q: Are there update delays or limitations?
A: The government employment data is published monthly with a short lag, providing timely information on trends in New Mexico's public sector workforce.
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Citation
U.S. Federal Reserve, All Employees: Government in New Mexico (NMGOVT), retrieved from FRED.