All Employees: Federal Government in Connecticut
SMU09000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
5.11%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of individuals employed by the federal government in the state of Connecticut. It is an important indicator of government employment and public sector labor market conditions 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
The All Employees: Federal Government in Connecticut series tracks the monthly employment levels of federal government workers within the state of Connecticut. This data provides insight into the size and changes of the public sector workforce in the state and is used by economists and policymakers to analyze government employment trends.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for assessing the role of the public sector in Connecticut's economy and labor market.
Key Facts
- Connecticut has approximately 20,000 federal government employees.
- Federal government employment accounts for around 1% of total nonfarm employment in the state.
- The trend has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed by the federal government within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the size and changes of the public sector workforce in Connecticut, which is important for understanding the state's overall labor market and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze government employment trends and the role of the public sector in Connecticut's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Connecticut (SMU09000009091000001A), retrieved from FRED.