All Employees: Federal Government in Hawaii
SMU15000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.70
Year-over-Year Change
2.29%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Hawaii' series measures the total number of federal government employees in the state of Hawaii. This metric is important for economists and policymakers to understand the size and trends of the public sector workforce 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
This data series tracks the total employment of federal government agencies and organizations located in Hawaii. It provides insight into the size and composition of the public sector labor force, which is a key component of the state's economy.
Methodology
The data is collected through surveys of businesses and government entities by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this data to monitor the public sector's economic impact and inform decisions around government spending and employment in Hawaii.
Key Facts
- Hawaii has a large federal government presence due to military bases and other agencies.
- Federal government employment makes up a significant portion of total non-farm jobs in the state.
- Employment levels in this sector can impact Hawaii's overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of people employed by the federal government in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: The size and trends in federal government employment in Hawaii provide important insights into the state's public sector workforce and its overall economic landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and government entities by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor the public sector's economic impact and inform decisions around government spending and employment in Hawaii.
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.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Hawaii (SMU15000009091000001A), retrieved from FRED.