All Employees: Local Government in Connecticut
SMU09000009093000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.60
Year-over-Year Change
-6.87%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of local government employees in the state of Connecticut. It provides important insights into the size and composition of the public sector workforce at the state and local level.
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: Local Government in Connecticut metric tracks the total number of individuals employed by municipal, county, and other local government agencies within the state. This data series is a key indicator of the public sector's economic footprint and labor market conditions in Connecticut.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to monitor the fiscal health and employment dynamics of Connecticut's public sector.
Key Facts
- Connecticut has over 200,000 local government employees.
- Public sector jobs account for 14% of total employment in the state.
- Local government is the second-largest employer in Connecticut after private industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed by municipal, county, and other local government agencies within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: The local government employment metric provides important insights into the size and composition of Connecticut's public sector workforce, which is a key component of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the fiscal health and employment dynamics of Connecticut's public sector, which can inform decisions around budgets, workforce planning, and economic development strategies.
Q: Are there update delays or limitations?
A: This data series is updated monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of approximately 4-6 weeks.
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Citation
U.S. Federal Reserve, All Employees: Local Government in Connecticut (SMU09000009093000001A), retrieved from FRED.