All Employees: Local Government Educational Services in Rhode Island
SMU44000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.20
Year-over-Year Change
-2.75%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic indicator tracks employment in local government educational services in Rhode Island, providing insights into the state's public education sector and 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
The All Employees: Local Government Educational Services in Rhode Island metric represents the total number of individuals employed in educational services by local governments within the state. This data series is used by economists and policymakers to analyze trends in public sector education employment and spending.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator offers valuable context for understanding the state of Rhode Island's public education system and its economic implications.
Key Facts
- Rhode Island's local government educational services employ over 16,000 people.
- This sector accounts for nearly 10% of the state's total local government employment.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of individuals employed in educational services by local governments within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the state's public education sector and workforce, which is an important component of the local economy.
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: Economists and policymakers use this indicator to analyze trends in public sector education employment and spending, which can inform decisions about education funding and policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Rhode Island (SMU44000009093161101A), retrieved from FRED.