All Employees: Federal Government in Arizona
SMU04000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.60
Year-over-Year Change
5.67%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Arizona' series tracks the total number of federal government employees in the state of Arizona. This metric is closely watched by economists and policymakers to understand labor market trends and the scale of the federal presence in the state's economy.
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 in federal government roles within the state of Arizona. The data is collected and reported by the U.S. Bureau of Labor Statistics as part of their monthly Current Employment Statistics program, providing a timely indicator of changes in federal employment levels.
Methodology
The data is collected through surveys of business establishments and government agencies.
Historical Context
Federal employment figures are used to analyze the role of the public sector in state and local economies.
Key Facts
- Arizona has over 53,000 federal government employees.
- Federal jobs account for 2.7% of total non-farm employment in Arizona.
- Federal employment in Arizona has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of individuals employed by the federal government within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: Federal employment figures are closely watched as an indicator of the public sector's role in state and local economies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments and government agencies 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 scale and trends of the federal government's presence in the Arizona economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Arizona (SMU04000009091000001A), retrieved from FRED.