All Employees: Federal Government in Arkansas
SMU05000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.90
Year-over-Year Change
6.31%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Arkansas' trend measures the total number of federal government employees in the state of Arkansas. This data is closely watched by economists and policymakers to understand trends in public sector employment and the overall health of the state's economy.
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 people employed by the federal government within the state of Arkansas. It provides insight into the size and composition of the public sector workforce, which can have significant implications for the broader economy.
Methodology
The data is collected through monthly surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Federal employment levels are an important consideration for economic and fiscal policy analysis.
Key Facts
- Arkansas has around 35,000 federal government employees.
- Federal jobs account for approximately 2.5% of total employment in Arkansas.
- Federal employment in Arkansas has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Federal Government in Arkansas' trend measures the total number of people employed by the federal government within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size and composition of the public sector workforce in Arkansas, which can have significant implications for the broader state economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Federal employment levels are an important consideration for economic and fiscal policy analysis, as they can impact consumer spending, tax revenues, and other key economic indicators.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of around one month from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Arkansas (SMU05000009091000001A), retrieved from FRED.