All Employees: State Government Educational Services in North Carolina
SMU37000009092161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.50
Year-over-Year Change
16.19%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of state government employees in the educational services sector in North Carolina. It provides insights into public sector employment and spending in the state's education system.
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: State Government Educational Services in North Carolina series tracks the number of individuals employed by the state government in educational services. This data is a key indicator of public investment and workforce trends in North Carolina's education sector.
Methodology
The data is collected through surveys of state and local government entities by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the scale and funding of North Carolina's public education system.
Key Facts
- North Carolina employs over 200,000 state government workers in education services.
- State education spending accounts for nearly 30% of North Carolina's total state budget.
- Public school enrollment in North Carolina has increased by 10% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed by the state government of North Carolina in the education services sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into public investment and employment in North Carolina's education system, which is a key priority for policymakers and stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state and local government entities conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the scale and funding of North Carolina's public education system and make informed decisions about education policy and spending.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a 1-2 month delay in reporting due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, All Employees: State Government Educational Services in North Carolina (SMU37000009092161101A), retrieved from FRED.