All Employees: Local Government Educational Services in Illinois
SMU17000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
362.00
Year-over-Year Change
3.02%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in local government educational services in Illinois. It is an important indicator of the state's education sector and public employment levels.
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 Educational Services in Illinois trend tracks the total number of workers employed in educational services by local governments across the state. This metric provides insight into the size and composition of the public education workforce.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by policymakers, economists, and education analysts to monitor the health of Illinois' public education system and employment trends.
Key Facts
- Illinois has over 2 million local government employees.
- Education is the largest sector of local government employment.
- Public school employment levels reflect funding and policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in local government educational services in Illinois, providing insight into the size of the public education workforce.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and education analysts as it reflects the health and employment levels of Illinois' public education system.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and education analysts to monitor employment and funding trends in Illinois' public education system.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Illinois (SMU17000009093161101A), retrieved from FRED.