All Employees: Local Government Educational Services in Minnesota
SMU27000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.00
Year-over-Year Change
6.24%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of local government employees in educational services in Minnesota. It provides valuable insights into the state's public education workforce and can inform policy decisions regarding funding, staffing, and resource allocation.
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 Minnesota series tracks the total number of people employed in local government educational services within the state. This data is used by economists, policymakers, and education stakeholders to analyze trends in public education employment and assess the capacity of the state's educational system.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by state and local governments, as well as education policy organizations, to inform decisions about public school funding, teacher recruitment and retention, and the overall strength of Minnesota's educational system.
Key Facts
- Minnesota has over 150,000 local government employees in educational services.
- Public education is a major employer in the state, accounting for a significant portion of the workforce.
- Trends in this data can signal changes in school funding, teacher staffing, and the overall health of Minnesota's public education system.
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 Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the capacity and employment dynamics of Minnesota's public education system, which can inform policy decisions and resource allocation.
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: State and local governments, as well as education policy organizations, closely monitor this trend to make informed decisions about public school funding, teacher recruitment and retention, and the overall strength of Minnesota's educational system.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, providing timely insights into Minnesota's local government educational services employment.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Minnesota (SMU27000009093161101A), retrieved from FRED.