All Employees: Federal Government in Wisconsin
SMU55000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.40
Year-over-Year Change
8.28%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Wisconsin' series tracks the number of people employed in the federal government sector in the state of Wisconsin. This data is an important indicator of the size and stability of the public sector 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 series measures total non-farm employment in the federal government industry within the state of Wisconsin. It is used by analysts and policymakers to understand trends in public sector employment and gauge the fiscal health of the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in federal government employment can inform assessments of state budgets, economic growth, and the overall strength of the labor market.
Key Facts
- Wisconsin has over 25,000 federal government employees.
- Federal jobs account for about 1 in 20 total non-farm jobs in Wisconsin.
- Federal employment in Wisconsin has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of people employed in the federal government sector within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Trends in federal government employment provide insights into the size and stability of the public sector workforce, which is an important factor in assessing state economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments 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 the role of the public sector in the state economy and gauge the fiscal health of Wisconsin.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Wisconsin (SMU55000009091000001A), retrieved from FRED.