All Employees: State Government in Connecticut
SMU09000009092000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.00
Year-over-Year Change
-1.22%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government in Connecticut' series measures the total number of state government employees in the state of Connecticut. This data provides insights into the size and trends of the state's 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 economic indicator tracks the total employment levels of state government agencies and departments in Connecticut. It is a key metric used by economists and policymakers to analyze public sector labor market dynamics and the fiscal health of the state government.
Methodology
The data is collected through surveys of state government entities and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in state government employment can signal changes in state budgets, spending priorities, and the overall economic conditions in Connecticut.
Key Facts
- Connecticut has over 60,000 state government employees.
- State government is one of the largest employers in Connecticut.
- State government employment levels have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: State Government in Connecticut' series tracks the total number of individuals employed by state government agencies and departments in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size and dynamics of the public sector workforce in Connecticut, which is a key component of the state's overall economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state government entities and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in state government employment can signal changes in state budgets, spending priorities, and the overall economic conditions in Connecticut, making this data relevant for policymakers and economic analysts.
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: State Government in Connecticut (SMU09000009092000001A), retrieved from FRED.