All Employees: Local Government Educational Services in Pennsylvania
SMU42000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
271.90
Year-over-Year Change
-5.95%
Date Range
1/1/2003 - 1/1/2024
Summary
The 'All Employees: Local Government Educational Services in Pennsylvania' metric tracks the number of people employed in local government educational services within the state of Pennsylvania. This metric provides valuable insights into the labor dynamics of the education sector and can inform policy decisions.
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 economic trend measures the total number of employees in local government educational services in Pennsylvania. It is an important indicator of the size and health of the state's public education system, which has significant implications for workforce development, community investment, and overall economic activity.
Methodology
The data is collected through surveys of local government entities by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the strength of Pennsylvania's public education infrastructure and workforce.
Key Facts
- Pennsylvania's local government educational services employ over 300,000 people.
- Employment in this sector has remained relatively stable over the past decade.
- The education sector is a significant contributor to Pennsylvania's overall economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed in local government educational services within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the size and health of Pennsylvania's public education system, which has significant implications for workforce development, community investment, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local government entities 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 strength of Pennsylvania's public education infrastructure and workforce, which informs decisions related to funding, resource allocation, and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Pennsylvania (SMU42000009093161101A), retrieved from FRED.