All Employees: Federal Government in Louisiana
SMU22000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.50
Year-over-Year Change
5.18%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Louisiana' metric tracks the number of federal government employees in the state of Louisiana. This data point is important for economists and policymakers to understand trends in public sector employment.
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 people employed by the federal government in the state of Louisiana. It is a key indicator of the size and stability of the federal workforce in the region, which has implications for economic activity, tax revenue, and public services.
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 federal government employment in Louisiana can inform decisions around fiscal policy, economic development, and public administration at the state and local levels.
Key Facts
- Federal government is a major employer in Louisiana.
- Louisiana has seen steady federal job growth since 2010.
- Federal employment accounts for over 5% of total jobs in Louisiana.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed by the federal government in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: Trends in federal government employment in Louisiana are important for understanding economic activity, tax revenue, and public services in the state.
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 federal government employment in Louisiana can inform decisions around fiscal policy, economic development, and public administration at the state and local levels.
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 Louisiana (SMU22000009091000001A), retrieved from FRED.