All Employees: Federal Government in Massachusetts
SMU25000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.20
Year-over-Year Change
-1.28%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Massachusetts' economic trend measures the total number of federal government employees in the state of Massachusetts. This metric is important for analyzing the size and composition 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 employment data series represents the total number of individuals working for the federal government within the state of Massachusetts. It provides insight into the scale and geographic distribution of the federal workforce across the United States.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to understand the government's role as an employer within state and local labor markets.
Key Facts
- Massachusetts has the 6th largest federal workforce in the U.S.
- Federal jobs account for 2.3% of total employment in Massachusetts.
- The federal government is the 3rd largest employer in Massachusetts after healthcare and retail.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed by the federal government within the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and geographic distribution of the federal workforce, which is an important factor for policymakers and economists analyzing state and local labor markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to understand the government's role as an employer within state and local labor markets.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Massachusetts (SMU25000009091000001A), retrieved from FRED.