All Employees: Government: State Government in New Mexico
This dataset tracks all employees: government: state government in new mexico over time.
Latest Value
59.10
Year-over-Year Change
4.23%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of state government employees in New Mexico. It provides insights into 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
The All Employees: Government: State Government in New Mexico series tracks the monthly employment levels of state government workers in the state of New Mexico. This data is used by economists and policymakers to analyze trends in public sector labor markets and the role of state governments in the regional economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the fiscal health and policy priorities of the New Mexico state government.
Key Facts
- New Mexico state government employed around 53,000 workers as of the latest data.
- State government jobs account for about 7% of total employment in New Mexico.
- Employment in the state government sector has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the state government sector in New Mexico.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the size and composition of the public sector workforce in New Mexico, which is important for understanding the state's fiscal health and policy priorities.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for policymakers and economists analyzing the role of state governments in the regional economy and labor market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of around one month between the reference period and the publication date.
Related News
U.S. Treasury Yields Rise After Fed Rate Cut Analysis
Treasury Yields Surge: A Curious Twist in Monetary Policy Amid a surprising financial twist, the current 10 year treasury rate is on the rise even as the Federal Reserve cuts interest rates. This unexpected development has economists scratching their heads, as typically, a cut in the Federal funds rate leads to lower yields. Treasury yields represent the interest rate the government pays bondholders, functioning as a vital signpost for the health of the economy. Generally perceived as one of th
U.S. Treasury yields fall after unexpected PPI decline
Exploring the Impact of Treasury Yields After an Unexpected PPI Decline Treasury yields have seen a noticeable decline following an unforeseen drop in the Producer Price Index (PPI), which signals a shift in economic expectations. Treasury yields, reflecting the return on investment for U.S. government bonds, serve as key indicators of economic health. An unexpected decline in the PPI, a measure of wholesale inflation, has led to immediate implications on these yields. This also puts the spotli
U.S. Job Growth Slowdown Affects Unemployment Rate
The Impact of Weak Job Growth on the US Unemployment Rate The unemployment rate has always been a vital gauge to understand the United States' economic health. Recent times have brought this indicator into sharper focus, especially as weak job growth continues to challenge the nation’s economy. The pressures of a sluggish labor market may lead to more significant economic consequences, impacting not just the workforce but the broader fiscal landscape. Weak job growth, leading to an increased un
Falling Mortgage Rates: Expert Advice for U.S. Homebuyers and Sellers
Expert Tips for Homebuyers and Sellers as Mortgage Rates Drop Mortgage rates are making headlines as they continue to decline, promising significant impacts on both homebuyers and sellers. These shifts in the real estate landscape invite a closer look at how adjustments in economic indicators, such as the federal funds rate and the 10-year treasury yield chart, are playing a part in this development. The U.S. housing market is reacting in intriguing ways, offering potential advantages for those
Unpredictability of Interest Rate Direction in the United States
Navigating the Unpredictability of Interest Rates Interest rates have turned into one of the most unpredictable elements in the American financial landscape. This unpredictability stems largely from the nuanced decisions of the Federal Reserve, often referred to as the Fed, whose policies ripple through financial markets, influencing borrowing costs for everyone from ambitious entrepreneurs to families securing mortgages. The web of economic indicators, which serves as the backbone for interest
Impact of U.S. Treasury Yields Rise After Fed Rate Cut
The Impact of a Treasury Yield Rise on the U.S. Economy After a Fed Rate Cut The current rise in the 10-year Treasury bond rate has caught the attention of economists, investors, and policymakers alike. Treasury yields, particularly the 10-year Treasury bond rate, act as a key indicator of the economic outlook in the United States. They affect interest rates, the bond market, and expectations for inflation. Understanding their fluctuations can offer insight into financial markets and help guide
Similar SMS Trends
3-Month Average Change, Thousands of Persons
SMS78000000500000026
3-Month Average Change, Thousands of Persons, Seasonally Adjusted
SMS11000000500000026
3-Month Average Change, Thousands of Persons, Seasonally Adjusted
SMS11000000000000026
3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted
SMS53000000000000026
3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted
SMS16000000000000026
3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted
SMS15000000500000026
Citation
U.S. Federal Reserve, All Employees: Government: State Government in New Mexico (SMS35000009092000001), retrieved from FRED.