All Employees: Local Government Educational Services in Maryland
SMU24000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.90
Year-over-Year Change
5.95%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in local government educational services in the state of Maryland. It provides insights into the labor market for public school employees and helps analyze trends in local education budgets and staffing.
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
The All Employees: Local Government Educational Services in Maryland metric tracks the total number of people employed in public school systems and other local government educational services across the state. This data is widely used by economists, policymakers, and education analysts to understand workforce dynamics and funding levels in Maryland's public education system.
Methodology
The data is collected through surveys of state and local government entities by the U.S. Bureau of Labor Statistics.
Historical Context
This series is closely watched by state and local officials as an indicator of education budgets, teacher employment, and school funding priorities.
Key Facts
- Maryland has over 130,000 local government employees in educational services.
- Public school staffing accounts for the majority of local government jobs in the state.
- Employment in this sector has been relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in local government educational services in the state of Maryland, including public school systems and other local education agencies.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding workforce dynamics, funding levels, and policy priorities in Maryland's public education system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state and local government entities by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State and local policymakers closely monitor this series as an indicator of education budgets, teacher employment, and school funding priorities.
Q: Are there update delays or limitations?
A: This data is published monthly with a relatively short lag time, making it a timely indicator of trends in the local government education sector.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Maryland (SMU24000009093161101A), retrieved from FRED.