All Employees: State Government in Arizona
SMU04000009092000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.40
Year-over-Year Change
14.66%
Date Range
1/1/1994 - 1/1/2024
Summary
The 'All Employees: State Government in Arizona' trend measures the total number of people employed in the state government sector in Arizona. This data provides insights into the size and dynamics of the public sector workforce in the state.
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 monthly economic indicator tracks employment levels in Arizona's state government, which can reflect changes in public sector hiring, spending, and service provision. Analysts and policymakers use this data to assess the fiscal health and economic role of the state government.
Methodology
The data is collected through surveys of state government establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in state government employment are relevant for understanding the public sector's contribution to overall economic activity and growth in Arizona.
Key Facts
- Arizona state government employed over 100,000 workers as of the latest data.
- State government jobs account for around 5% of total employment in Arizona.
- Employment in Arizona's state government has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: State Government in Arizona' trend measures the total number of people employed in the state government sector in Arizona.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the size and dynamics of the public sector workforce in Arizona, which is relevant for understanding the state's fiscal health and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state government establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in state government employment are relevant for policymakers and analysts assessing the public sector's contribution to overall economic activity and growth in Arizona.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: State Government in Arizona (SMU04000009092000001A), retrieved from FRED.