All Employees: Government in North Carolina
SMU37000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
768.80
Year-over-Year Change
8.59%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Government in North Carolina' indicator tracks the total number of government employees in the state of North Carolina. This metric is closely watched by economists and policymakers to assess the size and trends 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 series measures the total number of employees in government jobs, including federal, state, and local government agencies located in North Carolina. The data is used to analyze the size and composition of the public sector workforce and its impact on the broader state economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator provides important context for evaluating fiscal and economic policies in North Carolina.
Key Facts
- North Carolina has over 700,000 government employees.
- Government jobs account for about 15% of total employment in the state.
- Local government is the largest public sector employer in North Carolina.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Government in North Carolina' indicator measures the total number of government employees, including federal, state, and local, located in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely tracked by economists and policymakers to assess the size and trends of the public sector workforce in North Carolina and its impact on the broader state economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator provides important context for evaluating fiscal and economic policies in North Carolina, as the size and composition of the public sector workforce can have significant implications for the state's economy.
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: Government in North Carolina (SMU37000009000000001A), retrieved from FRED.