All Employees: Local Government Educational Services in Alabama
SMU01000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.70
Year-over-Year Change
2.94%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in local government educational services in the state of Alabama. It is an important indicator of labor market conditions and public sector activity in the education sector.
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: Local Government Educational Services in Alabama series tracks the monthly employment levels of workers employed by local governments in educational services within the state. This metric provides insight into the size and trends of the public education workforce, which is a key component of the overall state economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economists, and education stakeholders to analyze the state's public education system and labor market.
Key Facts
- Alabama has over 300,000 local government employees.
- Education services account for about 30% of local government jobs in the state.
- Employment in this sector has seen modest growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in local government educational services in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the size and trends of the public education workforce, which is a key component of Alabama's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by policymakers, economists, and education stakeholders to analyze the state's public education system and labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with typical government data release lags.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Alabama (SMU01000009093161101A), retrieved from FRED.