All Employees: State Government in Washington
SMU53000009092000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.80
Year-over-Year Change
5.87%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government in Washington' metric tracks the total number of state government employees in the state of Washington. This data point is important for economists and policymakers to understand trends in public sector employment and state fiscal conditions.
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 represents the total number of people employed in state government in the state of Washington. It is a key indicator of public sector workforce size and can provide insights into state budgets, policy priorities, and the broader economy.
Methodology
The data is collected through surveys of state and local government employers.
Historical Context
This metric is used by economists, policymakers, and analysts to assess the health of state government and its role in the overall economy.
Key Facts
- Washington state employs over 200,000 government workers.
- State government is a major employer in many local economies.
- Public sector jobs account for a significant share of total employment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed by the state government in Washington.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the size and role of the public sector in the state's economy and can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state and local government employers.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the health of state budgets and the broader economic impact of the public sector.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: State Government in Washington (SMU53000009092000001A), retrieved from FRED.