All Employees: Government in Arkansas
SMU05000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
212.20
Year-over-Year Change
-1.94%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Government in Arkansas' series tracks the total number of government employees in the state of Arkansas. This metric is closely watched by economists and policymakers to assess the size and trends of the 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 series measures the total number of government employees at the state and local levels in Arkansas, including federal, state, and municipal workers. It provides insight into the scale and composition of the public sector in the state and can inform analysis of fiscal policies, government spending, and employment trends.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in government employment are used to evaluate the role of the public sector in Arkansas' economy and can inform decisions around tax, spending, and regulatory policies.
Key Facts
- Arkansas government employs over 200,000 workers.
- Government is one of the largest employment sectors in Arkansas.
- Public sector jobs account for about 15% of total employment in the state.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Government in Arkansas' series tracks the total number of government employees, including federal, state, and local workers, in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and composition of the public sector workforce in Arkansas, which is relevant for analyzing fiscal policies, government spending, and employment trends in the state.
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: Trends in government employment are used to evaluate the role of the public sector in Arkansas' economy and can inform decisions around tax, spending, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Government in Arkansas (SMU05000009000000001A), retrieved from FRED.