All Employees: Local Government Educational Services in Connecticut
SMU09000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.30
Year-over-Year Change
-1.95%
Date Range
1/1/2002 - 1/1/2024
Summary
This economic trend measures the total number of employees in local government educational services in the state of Connecticut. It is an important indicator of the size and strength of the public education sector 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: Local Government Educational Services in Connecticut trend represents the total number of people employed in public education at the local government level within the state. This data point is used by economists and policymakers to analyze the scope and health of the state's education system and public sector workforce.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the local job market, public spending, and educational policy in Connecticut.
Key Facts
- Connecticut has over 36,000 local government education employees.
- Public education is a major employer in the state, accounting for nearly 10% of total nonfarm jobs.
- Local government education jobs in Connecticut have grown by 3.4% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in local government educational services in the state of Connecticut, including public school teachers, administrators, and support staff.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the size and health of Connecticut's public education system, which is a major part of the state's economy and workforce. It is useful for analyzing employment, public spending, and education policy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and education officials to monitor the local job market, assess public sector budgets, and inform decisions around education funding and reform.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay. The series may be subject to periodic revisions by the statistical agencies.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Connecticut (SMU09000009093161101A), retrieved from FRED.