All Employees: Federal Government in Maine
SMU23000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.30
Year-over-Year Change
19.31%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Maine' trend measures the total number of people employed by the federal government in the state of Maine. This metric is important for understanding the size and role of the federal workforce in Maine's economy.
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 monthly employment levels of federal government workers in Maine. It provides insights into the state's public sector job market and can be used to analyze the economic impact of federal agencies and spending in the region.
Methodology
The data is collected through surveys of businesses and government entities by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to assess the fiscal and economic influence of the federal government in Maine.
Key Facts
- Maine has over 13,000 federal government employees.
- Federal jobs account for 2.1% of total employment in Maine.
- The federal workforce in Maine has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Federal Government in Maine' trend measures the total number of people employed by the federal government in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and role of the federal workforce in Maine's economy, which is important for policymakers and economists analyzing the state's public sector and fiscal conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and government entities by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the fiscal and economic influence of the federal government in Maine.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of several weeks, so it may not fully capture the most recent employment changes.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Maine (SMU23000009091000001A), retrieved from FRED.