All Employees: State Government in Indiana
SMU18000009092000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.40
Year-over-Year Change
0.78%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government in Indiana' series tracks the total number of state government employees in Indiana. This important indicator provides insights into the size and employment trends of the public sector 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 data series measures the total number of full-time and part-time employees on the payrolls of Indiana state government agencies and departments. It is a key economic indicator used to analyze public sector labor market conditions and government spending.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses and government agencies.
Historical Context
Trends in state government employment can signal changes in fiscal policy, public services, and the broader economic conditions within Indiana.
Key Facts
- Indiana state government employs over 78,000 workers as of the latest data.
- State government jobs account for about 2.7% of total non-farm employment in Indiana.
- Indiana state employment has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees on the payrolls of state government agencies and departments in Indiana.
Q: Why is this trend relevant for users or analysts?
A: Trends in state government employment provide insights into the size of the public sector and can signal changes in fiscal policy, public services, and broader economic conditions within Indiana.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor state government employment to assess the fiscal health of the public sector and its impact on the overall state economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: State Government in Indiana (SMU18000009092000001A), retrieved from FRED.