Is this the name that is used when pulling credit for a clearance investigation?

Company: FEDERAL GOVERNMENT AND AGENCY
Description: Employment Report

Is this a sign that my clearance is finally chugging along, or is this some unrelated soft inquiry into my credit report by the government? Thanks.

That’s similar to what my BI credit inquiry looked like. If you check around, it looks like the exact name of the entity can depend based on which organization is doing the actual BI

That’s likely a category, not a name. Agencies use various vendors for credit report checks.