All Employees: Local Government in Hawaii

SMU15000009093000001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19.00

Year-over-Year Change

2.70%

Date Range

1/1/1990 - 1/1/2024

Summary

The 'All Employees: Local Government in Hawaii' trend measures the total number of people employed in local government positions within the state of Hawaii. This metric is a key indicator of public sector employment and economic activity in the region.

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 monthly change in the number of people employed by Hawaii's local government entities, including cities, counties, school districts, and special districts. It provides insights into the size and dynamics of the public sector workforce, which is an important component of Hawaii's overall economy.

Methodology

The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and analysts use this trend to monitor the fiscal health and labor market conditions in Hawaii's local governments.

Key Facts

  • Hawaii's local government employs over 36,000 workers.
  • Local government jobs account for 6.3% of total employment in Hawaii.
  • The local government workforce in Hawaii has grown by 1.5% over the past year.

FAQs

Q: What does this economic trend measure?

A: The 'All Employees: Local Government in Hawaii' trend measures the total number of people employed by local government entities, such as cities, counties, school districts, and special districts, within the state of Hawaii.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insight into the size and dynamics of the public sector workforce in Hawaii, which is an important component of the state's overall economy. It helps policymakers and analysts monitor the fiscal health and labor market conditions of local governments in the region.

Q: How is this data collected or calculated?

A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to monitor the fiscal health and labor market conditions in Hawaii's local governments, which can inform decisions about public spending, taxation, and employment policies.

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.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Local Government in Hawaii (SMU15000009093000001A), retrieved from FRED.