All Employees: Local Government Educational Services in South Carolina

SMU45000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

111.10

Year-over-Year Change

5.91%

Date Range

1/1/1990 - 1/1/2024

Summary

The 'All Employees: Local Government Educational Services in South Carolina' series tracks employment levels in the local government educational services sector within the state of South Carolina. This metric provides insight into the health and stability of the state's public education 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 economic indicator measures the total number of people employed in local government educational services in South Carolina. It is an important barometer for analyzing trends in public sector education staffing and can inform policy decisions around school funding, teacher compensation, and workforce development.

Methodology

The data is collected through surveys of local government entities by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and economists monitor this series to assess the strength of South Carolina's public education system and its ability to meet the needs of students and communities.

Key Facts

  • South Carolina employs over 150,000 local government education workers.
  • Public school staffing accounts for nearly 40% of all local government jobs in the state.
  • Education services are a major component of local government budgets in South Carolina.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total number of people employed in local government educational services in the state of South Carolina.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the health and stability of South Carolina's public education workforce, which is crucial for informing policy decisions around school funding, teacher compensation, and workforce development.

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 economists monitor this series to assess the strength of South Carolina's public education system and its ability to meet the needs of students and communities.

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 from the reference period.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Local Government Educational Services in South Carolina (SMU45000009093161101A), retrieved from FRED.