All Employees: Local Government Educational Services in Utah
SMU49000009093161101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.00
Year-over-Year Change
16.59%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the number of people employed in local government educational services in the state of Utah. It provides insights into the labor market and workforce dynamics in the education sector.
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 Utah series tracks the total number of people employed in public educational services at the local government level within the state. This data is used by economists and policymakers to analyze trends in public sector employment and the education industry.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the economic conditions and workforce composition in Utah's public education system.
Key Facts
- Utah has the youngest population in the United States.
- Education is a major employer in Utah, accounting for a significant share of local government jobs.
- Public school enrollment in Utah has grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in local government educational services within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market and workforce dynamics in Utah's public education sector, which is important for understanding economic conditions and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trends in public sector employment and the education industry, which can inform decisions related to funding, resource allocation, and workforce planning.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be occasional delays or revisions due to the survey collection process.
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Citation
U.S. Federal Reserve, All Employees: Local Government Educational Services in Utah (SMU49000009093161101A), retrieved from FRED.