All Employees: Professional and Business Services: Employment Services in Hawaii
Seasonally Adjusted
SMU15000006056130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.15
Year-over-Year Change
-2.39%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures employment changes in the local government sector, a key indicator of public sector economic activity and labor market conditions.
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 seasonally adjusted time series data provides insights into monthly employment changes for local government organizations, which include city, county, and special district public entities. It is used by economists and policymakers to analyze trends in the public sector labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Analyzing this employment trend helps inform decisions around fiscal and economic policies affecting state and local governments.
Key Facts
- Local government employs over 14 million workers in the U.S.
- This sector accounts for about 9% of total nonfarm employment.
- Employment levels fluctuate with changes in government budgets and services.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures monthly changes in employment for the local government sector, which includes city, county, and special district public entities.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into labor market conditions in the public sector, which is an important component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analyzing this employment trend helps inform decisions around fiscal and economic policies affecting state and local governments.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of about one month.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU15000006056130001SA), retrieved from FRED.