All Employees: Federal Government in Wyoming
This dataset tracks all employees: federal government in wyoming over time.
Latest Value
8.10
Year-over-Year Change
8.00%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Wyoming' metric tracks the total number of employees working in the federal government sector within the state of Wyoming. This data point is relevant for economists and policymakers analyzing public sector employment trends and the economic impact of the federal government.
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 measures the total number of individuals employed by the federal government in the state of Wyoming. It provides insight into the size and composition of the public sector workforce at the state level, which is an important factor in assessing regional economic conditions and the role of government as an employer.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists, policymakers, and analysts to monitor trends in public sector employment and understand the economic influence of the federal government within Wyoming.
Key Facts
- The series began in January 1990.
- Federal government employment accounts for approximately 4% of total nonfarm employment in Wyoming.
- The series reached its highest level of 18,200 employees in June 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed by the federal government within the state of Wyoming.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and role of the public sector as an employer within the Wyoming economy, which is important for understanding regional economic conditions and the impact of government activities.
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: This trend is used by economists, policymakers, and analysts to monitor trends in public sector employment and understand the economic influence of the federal government within Wyoming.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Wyoming (SMU56000009091000001A), retrieved from FRED.