All Employees: Local Government Educational Services in Mississippi
SMU28000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.30
Year-over-Year Change
-7.34%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of local government employees in the educational services sector in Mississippi. It provides insight into the size and stability of the public education workforce, which is a crucial component of the state's economy.
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 Mississippi trend tracks the monthly employment levels of local government workers in the education sector within the state. This data is used by economists and policymakers to analyze the public education system's role in Mississippi's labor market and overall economic conditions.
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 relevant for understanding the public sector's contribution to employment and assessing the resources dedicated to education in Mississippi.
Key Facts
- Mississippi's local government education sector employs over 130,000 workers.
- Public education accounts for nearly 20% of total local government employment in the state.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of local government employees working in the educational services sector in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the size and stability of the public education workforce, which is a crucial component of Mississippi's economy and labor market.
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 relevant for understanding the public sector's contribution to employment and assessing the resources dedicated to education in Mississippi.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Mississippi (SMU28000009093161101A), retrieved from FRED.