All Employees: State Government Educational Services in Illinois
SMU17000009092161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.00
Year-over-Year Change
-5.75%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government Educational Services in Illinois' metric tracks employment levels in the state government educational sector in Illinois. This data provides insights into the labor market dynamics within the state's public education system.
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 measures the total number of employees working in state government educational services in Illinois. It is a key indicator of the health and stability of the public education workforce, which has important implications for education policy and funding decisions.
Methodology
The data is collected through surveys of state and local government employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to monitor employment trends in the state's public education system and assess its capacity to serve students.
Key Facts
- Illinois has over 200,000 state government education employees.
- Public education is one of the largest components of state government employment.
- Employment in state government education services has been relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed in state government educational services in Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the labor market dynamics within Illinois' public education system, which is crucial for education policy and funding decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state and local government employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor employment trends in the state's public education system and assess its capacity to serve students.
Q: Are there update delays or limitations?
A: The data is updated monthly by the U.S. Federal Reserve, with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: State Government Educational Services in Illinois (SMU17000009092161101A), retrieved from FRED.