All Employees: State Government in Nebraska
SMU31000009092000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.00
Year-over-Year Change
7.06%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government in Nebraska' trend measures the total number of employees in state government within the state of Nebraska. This data is closely watched by economists and policymakers to assess the size and trends of the public sector workforce.
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 monthly change in total employment across all state government agencies and departments in Nebraska. It provides insight into the size and hiring trends of the state's public sector, which is an important factor in overall economic conditions and fiscal policy.
Methodology
The data is collected through surveys of state government establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts use this metric to understand the role of the public sector in Nebraska's economy and how it may be impacted by budgetary or policy changes.
Key Facts
- Nebraska has over 50,000 state government employees.
- State government accounts for around 10% of total employment in Nebraska.
- State hiring trends often lag behind the broader economy.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: State Government in Nebraska' series tracks the total number of people employed by state government agencies and departments in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the size and hiring trends of Nebraska's public sector, which is a significant component of the state's overall economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state government establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to understand the role of the public sector in Nebraska's economy and how it may be impacted by budgetary or policy changes.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a lag of several weeks. There may also be revisions to previously reported figures.
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Citation
U.S. Federal Reserve, All Employees: State Government in Nebraska (SMU31000009092000001A), retrieved from FRED.