All Employees: Federal Government in Illinois
SMU17000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.30
Year-over-Year Change
-0.84%
Date Range
1/1/1990 - 1/1/2024
Summary
The All Employees: Federal Government in Illinois trend measures the total number of federal government employees in the state of Illinois. This data is important for economists and policymakers to analyze the size and composition of the federal workforce at the state level.
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 series tracks the total number of individuals employed in the federal government sector within Illinois. It provides insight into the scale and distribution of federal agencies and activities across different states, which can inform budget planning, workforce analysis, and policy decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring federal employment levels in Illinois is relevant for fiscal and economic policy considerations at both the state and national level.
Key Facts
- Illinois has over 55,000 federal government employees.
- Federal jobs make up around 1% of total employment in Illinois.
- Federal employment in Illinois has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Federal Government in Illinois trend measures the total number of individuals employed by the federal government within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding the size and distribution of the federal workforce at the state level, which can inform budget planning, workforce analysis, and policy decisions.
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: Monitoring federal employment levels in Illinois is relevant for fiscal and economic policy considerations at both the state and national level.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Illinois (SMU17000009091000001A), retrieved from FRED.