All Employees: Federal Government in North Carolina
SMU37000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.30
Year-over-Year Change
18.08%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in North Carolina' series measures the total number of federal government employees in the state of North Carolina. This data is important for economists and policymakers to understand employment trends in the public sector.
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 economic indicator tracks the monthly change in the number of federal government employees located in North Carolina. It provides insight into the size and composition of the public workforce at the state level, which is relevant for fiscal and economic policy analysis.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The federal government employment trend is useful for monitoring the public sector's contribution to the overall state economy.
Key Facts
- North Carolina has over 100,000 federal government employees.
- Federal government employment accounts for around 2% of total nonfarm jobs in the state.
- The trend has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of federal government employees located in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: The federal government employment trend provides insight into the size and composition of the public workforce at the state level, which is relevant for fiscal and economic policy analysis.
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: The federal government employment trend is useful for monitoring the public sector's contribution to the overall state economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
Related Trends
Real Gross Domestic Product: Private Industries in North Carolina
NCPIRGSP
Unemployment Level for North Carolina
UNEMPLOYNC
Real Gross Domestic Product: Private Goods-Producing Industries in North Carolina
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Average Hourly Earnings of Production Employees: Manufacturing: Durable Goods in North Carolina
SMU37000003100000008A
All Employees: Professional and Business Services: Architectural, Engineering, and Related Services in North Carolina
SMU37000006054130001SA
Real Gross Domestic Product: Farms (111-112) in North Carolina
NCFARMRGSP
Citation
U.S. Federal Reserve, All Employees: Federal Government in North Carolina (SMU37000009091000001A), retrieved from FRED.