All Employees: Government in Wisconsin
SMU55000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
415.90
Year-over-Year Change
1.22%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of government employees in the state of Wisconsin. It is an important indicator of public sector employment and government workforce dynamics in the state.
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: Government in Wisconsin series tracks the total number of people employed in the government sector within the state. This metric is widely used by economists and policymakers to analyze the size and composition of the public workforce, as well as its relationship to the broader state economy.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in government employment are closely monitored for their implications on fiscal policy, public services, and economic conditions.
Key Facts
- Wisconsin has over 300,000 government employees.
- Government is a major employer in the state, accounting for about 13% of total nonfarm jobs.
- Public sector employment in Wisconsin has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the government sector within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Trends in government employment are closely monitored for their implications on fiscal policy, public services, and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze the size and composition of the public workforce and its relationship to the broader state economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, All Employees: Government in Wisconsin (SMU55000009000000001A), retrieved from FRED.