All Employees: State Government in Arkansas
SMU05000009092000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.40
Year-over-Year Change
0.26%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government in Arkansas' series measures the total number of state government employees in Arkansas. This statistic is an important indicator of public sector employment and economic activity in the state.
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 trend represents the total employment levels within Arkansas' state government agencies and departments. It is a key metric used by economists and policymakers to analyze public sector workforce trends and gauge the broader state 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 series is widely referenced by state officials, policy analysts, and market participants to monitor public sector job conditions and their impact on Arkansas' economic performance.
Key Facts
- Arkansas state government employs over 55,000 workers.
- Public sector jobs account for 10% of total employment in Arkansas.
- State government employment has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of people employed by the state government in Arkansas, including all state agencies and departments.
Q: Why is this trend relevant for users or analysts?
A: The state government employment level is an important barometer of public sector activity and the broader economic conditions in Arkansas.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Labor Statistics through the Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: State officials, economists, and market participants reference this series to monitor public sector job trends and assess their impact on Arkansas' overall economic performance.
Q: Are there update delays or limitations?
A: The employment data is released monthly with a typical 1-2 month lag. The series may not capture certain state government job categories.
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Citation
U.S. Federal Reserve, All Employees: State Government in Arkansas (SMU05000009092000001A), retrieved from FRED.