All Employees: State Government in Virginia
SMU51000009092000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.00
Year-over-Year Change
0.69%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: State Government in Virginia' trend tracks the total number of state government employees in the state of Virginia. This metric is important for analyzing public sector employment and spending trends.
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 data series measures the total number of people employed by the state government in Virginia. It is a key indicator of the size and activity of the public sector in the state's economy. Economists and policymakers use this data to understand trends in government budgets, staffing, and service delivery.
Methodology
The data is collected through surveys of state government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in state government employment can inform fiscal and economic policies at the state and local level.
Key Facts
- Virginia state government employs over 120,000 workers.
- State government is one of the largest employers in Virginia.
- Virginia's state government workforce has grown by 10% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees working for the state government in Virginia.
Q: Why is this trend relevant for users or analysts?
A: Trends in state government employment provide insights into the size and activity of the public sector in Virginia's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to understand trends in government budgets, staffing, and service delivery at the state and local level.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: State Government in Virginia (SMU51000009092000001A), retrieved from FRED.