All Employees: Government in Virginia
VAGOVT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
758.10
Year-over-Year Change
1.00%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Government in Virginia' trend measures total employment in the government sector across the state of Virginia. This metric is closely watched by economists and policymakers to gauge the health of the public sector job market.
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 tracks the total number of people employed in government jobs in Virginia, including federal, state, and local government workers. It provides insights into the size and stability of the government workforce, which is a significant component of the overall state economy.
Methodology
The data is collected through monthly surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in government employment are relevant for assessing the fiscal position of state and local governments, as well as the broader economic and labor market conditions in Virginia.
Key Facts
- Virginia government employs over 700,000 workers.
- Government jobs account for approximately 16% of total employment in Virginia.
- The government sector has remained a stable source of employment during economic downturns.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Government in Virginia' trend measures the total number of people employed in government jobs across the state of Virginia, including federal, state, and local government workers.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the size and stability of the government workforce, which is a significant component of the overall state economy. It is closely watched by economists and policymakers to gauge the health of the public sector job market.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in government employment are relevant for assessing the fiscal position of state and local governments, as well as the broader economic and labor market conditions in Virginia.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of several weeks, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Government in Virginia (VAGOVT), retrieved from FRED.