All Employees: Government in Hawaii
SMU15000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.70
Year-over-Year Change
0.08%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Government in Hawaii' series measures the total number of government employees in the state of Hawaii. This metric provides insight into the size and trends of Hawaii'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 government employment indicator is used by economists and policymakers to analyze the size and composition of Hawaii's labor force, as well as the role of the public sector in the state's economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in government employment are closely watched for their implications on public budgets, economic growth, and fiscal policy.
Key Facts
- Hawaii has a large public sector, with government being a major employer.
- Government employment in Hawaii has been relatively stable in recent years.
- The government sector accounts for a significant portion of Hawaii's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of government employees in the state of Hawaii, including federal, state, and local government workers.
Q: Why is this trend relevant for users or analysts?
A: Trends in government employment provide insight into the size and role of the public sector in Hawaii's economy, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government employment data is closely monitored by economists and policymakers to understand the size and composition of the public sector, as well as its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Government in Hawaii (SMU15000009000000001A), retrieved from FRED.