All Employees: Local Government Educational Services in North Carolina
SMU37000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
199.70
Year-over-Year Change
-4.81%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of people employed in local government educational services in North Carolina. It provides key insights into the state's public education workforce and can inform policy decisions related to education funding 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 North Carolina series tracks the total number of people employed by local governments in the state's public education system. This metric is widely used by economists and policymakers to monitor trends in the education labor market and assess the stability of the public school workforce.
Methodology
The data is collected through surveys of local government entities by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is particularly relevant for understanding the resource and staffing needs of North Carolina's public education system and informing policy discussions around education funding and workforce development.
Key Facts
- North Carolina has over 115,000 employees in local government educational services.
- Employment in this sector has grown by 7% over the past 5 years.
- Local government education accounts for over 25% of total state and local government employment in North Carolina.
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 North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the size and stability of North Carolina's public education workforce, which is crucial for understanding the resource needs and policy implications for the state's education system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local government entities conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and education stakeholders to inform decisions around education funding, workforce planning, and the overall management of North Carolina's public school system.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, so there may be a short delay in reflecting the most recent employment figures.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in North Carolina (SMU37000009093161101A), retrieved from FRED.