All Employees: Government in North Dakota
SMU38000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.10
Year-over-Year Change
7.18%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Government in North Dakota' metric tracks the total number of government employees, including federal, state, and local, across the state of North Dakota. This data provides insight into the size and composition of the public sector workforce.
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 employment series is a key indicator of the size and trends in government employment within North Dakota. Policymakers and analysts use this data to understand the role of the public sector in the state's economy and labor market.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Government employment trends are closely watched for their implications on public spending, service delivery, and economic conditions.
Key Facts
- North Dakota has a large public sector workforce.
- Government jobs account for a significant share of total employment in the state.
- Public sector employment trends reflect changes in state and local budgets.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Government in North Dakota' metric tracks the total number of government employees, including federal, state, and local, across the state of North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This employment series provides insight into the size and composition of the public sector workforce, which is important for understanding the role of government in North Dakota's economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government employment trends are closely watched for their implications on public spending, service delivery, and economic conditions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the statistical agency.
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Citation
U.S. Federal Reserve, All Employees: Government in North Dakota (SMU38000009000000001A), retrieved from FRED.