All Employees: Government in Puerto Rico
SMU72000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.90
Year-over-Year Change
-23.26%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of government employees in Puerto Rico. It is a key indicator of public sector labor market conditions and government fiscal policy in the U.S. territory.
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 Puerto Rico series tracks the total employment levels in the public sector on the island. This metric is closely monitored by economists and policymakers to assess the fiscal health and labor market dynamics of the Puerto Rican economy.
Methodology
The data is collected through surveys of Puerto Rican employers by the U.S. Bureau of Labor Statistics.
Historical Context
Government employment levels in Puerto Rico are an important consideration for federal economic and social policies.
Key Facts
- Puerto Rico is a U.S. territory with its own unique economic and labor market conditions.
- Government is a major employer in Puerto Rico, comprising over 20% of total nonfarm jobs.
- Government employment levels in Puerto Rico have declined in recent years due to fiscal austerity measures.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Government in Puerto Rico series tracks the total number of government workers employed in the U.S. territory of Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: Government employment is a key indicator of the fiscal health and labor market dynamics in Puerto Rico, a U.S. territory with a unique economic landscape.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government employment levels in Puerto Rico are an important consideration for federal economic and social policies affecting the territory.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
Related Trends
All Employees: Transportation and Warehousing in Puerto Rico
SMU72000004340008901A
All Employees: Government: State Government Educational Services in Puerto Rico
SMU72000009092161101SA
All Employees: Education and Health Services: Health Care and Social Assistance in Puerto Rico
SMU72000006562000001SA
All Employees: Manufacturing: Non-Durable Goods: Food Manufacturing in Puerto Rico
SMU72000003231100001SA
All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Puerto Rico
SMU72000005552200001A
All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Puerto Rico
SMU72000006056000001
Citation
U.S. Federal Reserve, All Employees: Government in Puerto Rico (SMU72000009000000001A), retrieved from FRED.