All Employees: Government in Indiana
SMU18000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
431.70
Year-over-Year Change
0.68%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Government in Indiana' series measures the total number of government employees in the state of Indiana. This key economic indicator provides insights into the size and trends of the 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 series tracks the total number of employees across all levels of government in Indiana, including federal, state, and local government agencies. It is used by economists and policymakers to analyze the role of the public sector in the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in government employment are closely watched as they can reflect broader economic and fiscal conditions in the state.
Key Facts
- Indiana has over 350,000 government employees.
- Government is the largest employer in the state, making up 14% of total employment.
- State and local government account for over 90% of government jobs in Indiana.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Government in Indiana' series tracks the total number of government employees in the state, including federal, state, and local government agencies.
Q: Why is this trend relevant for users or analysts?
A: Monitoring government employment is important for understanding the size and role of the public sector in Indiana's economy.
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: Trends in government employment are closely watched by policymakers and economists as an indicator of broader economic and fiscal conditions in the state.
Q: Are there update delays or limitations?
A: The government employment data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Government in Indiana (SMU18000009000000001A), retrieved from FRED.