All Employees: Local Government in North Dakota
SMU38000009093000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.50
Year-over-Year Change
18.10%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in local government in the state of North Dakota. It is an important indicator of public sector employment and economic activity at the state and local level.
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 in North Dakota metric tracks the total number of people employed by local government agencies, municipalities, and other sub-state public sector entities in the state. This data provides insight into the size and trends of the local public workforce, which is a key component of overall economic conditions.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists, policymakers, and analysts to assess the health of North Dakota's public sector and its contribution to the state's economy.
Key Facts
- North Dakota has a population of around 779,000 as of 2022.
- Local government is a major employer in the state, accounting for over 35,000 jobs.
- The local government workforce has grown by 7% in North Dakota over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed by local government agencies, municipalities, and other sub-state public sector entities in the state of North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the size and trends of the local public workforce, which is a key component of North Dakota's overall economic conditions and activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and analysts use this metric to assess the health of North Dakota's public sector and its contribution to the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Local Government in North Dakota (SMU38000009093000001A), retrieved from FRED.