All Employees: Local Government in Idaho
SMU16000009093000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.20
Year-over-Year Change
8.30%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator tracks the total number of people employed in local government in the state of Idaho. It is a key metric for understanding state and local public sector employment trends.
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 Idaho data series measures the total number of people employed by local governments within the state, including cities, counties, school districts, and special districts. This provides insight into the size and changes of the public sector workforce at the state and local level.
Methodology
The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in local government employment are closely watched by policymakers and economists as an indicator of state and local fiscal conditions and the overall health of regional economies.
Key Facts
- Local government is a major employer in Idaho, accounting for over 10% of total nonfarm jobs in the state.
- Employment in Idaho's local governments has grown by over 5% in the past decade.
- Trends in local government hiring can signal changes in state and municipal budgets and spending priorities.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of people employed by local governments in the state of Idaho, including cities, counties, school districts, and special districts.
Q: Why is this trend relevant for users or analysts?
A: Trends in local government employment provide insights into the fiscal health and economic conditions of state and regional economies, as local governments are major employers and service providers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor local government employment as an indicator of state and municipal budgets, spending priorities, and the overall health of regional economies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay after the reference period.
Related Trends
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in Idaho
IDGOVQGSP
Real Gross Domestic Product: Mining, Quarrying, and Oil and Gas Extraction (21) in Idaho
IDMINRQGSP
Per Capita Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for Idaho
IDPCEPCONDURG
Gross Domestic Product: Transportation and Warehousing (48-49) in Idaho
IDTRANSWARENQGSP
Homeownership Rate for Idaho
IDHOWN
Residential Carbon Dioxide Emissions, All Fuels for Idaho
EMISSCO2TOTVRCTOIDA
Citation
U.S. Federal Reserve, All Employees: Local Government in Idaho (SMU16000009093000001A), retrieved from FRED.