All Employees: State Government Educational Services in Alabama
SMU01000009092161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.10
Year-over-Year Change
20.55%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government Educational Services in Alabama' trend measures the total number of employees in the state government education sector in Alabama. This data is crucial for policymakers and economists to understand labor market conditions and trends in the public education system.
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 series tracks the total number of employees working in state government-run educational services in Alabama. It provides insight into workforce dynamics and staffing levels within the public education system, which is a major component of state and local government spending and a key driver of human capital development.
Methodology
The data is collected through surveys of state and local government employers by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this metric to evaluate the fiscal health, service capacity, and labor market trends within Alabama's public education system.
Key Facts
- Alabama's state government employs over 100,000 workers in the education sector.
- Public education accounts for nearly 20% of total state government employment in Alabama.
- State government education jobs in Alabama have grown by 5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in state government-run educational services in Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the labor market and fiscal dynamics of Alabama's public education system, which is a key area of state government activity and spending.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state and local government employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to evaluate the fiscal health, service capacity, and labor market trends within Alabama's public education system.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month delay by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: State Government Educational Services in Alabama (SMU01000009092161101A), retrieved from FRED.