All Employees: Federal Government in Ohio
SMU39000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.90
Year-over-Year Change
8.57%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Ohio' series tracks the total number of federal government employees in the state of Ohio. This metric is a key indicator of the size and activity of the federal workforce within Ohio's economy.
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 data series measures the total number of people employed by the federal government in the state of Ohio. It is part of the Current Employment Statistics (CES) program and can provide insights into the size and distribution of the federal workforce across different states and regions.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in federal government employment are relevant for policymakers, economists, and stakeholders analyzing the public sector's role and impact within state and local economies.
Key Facts
- Ohio has the 7th largest federal workforce in the United States.
- Federal government employment accounts for approximately 2% of total non-farm employment in Ohio.
- Ohio's federal workforce has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total number of people employed by the federal government in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: Trends in federal government employment provide insights into the size and distribution of the public sector workforce within state and local economies, which is relevant for policymakers, economists, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers can use this data to assess the role and impact of the federal government within Ohio's economy, which can inform decisions related to public sector employment, spending, and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
Related Trends
Real Gross Domestic Product: Educational Services, Health Care, and Social Assistance (61, 62) in Ohio
OHEDHLTHSOCASSRGSP
Gross Domestic Product: Finance and Insurance (52) in Ohio
OHFININSNQGSP
Other Services (except Public Administration) Earnings in Ohio
OHEOTH
Gross Domestic Product: Other Transportation and Support Activities (487-488, 492) in Ohio
OHOTHTRANNGSP
All Employees: Other Services in Ohio
SMU39000008000000001A
Average Hourly Earnings of All Employees: Financial Activities in Ohio
SMU39000005500000003A
Citation
U.S. Federal Reserve, All Employees: Federal Government in Ohio (SMU39000009091000001A), retrieved from FRED.