Average Hourly Earnings of All Employees, Total Private
CES0500000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.44
Year-over-Year Change
3.91%
Date Range
3/1/2006 - 7/1/2025
Summary
Average hourly earnings track compensation trends for private sector employees. This metric is crucial for understanding labor market dynamics and wage growth.
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
Measures the average hourly wage for all employees in the private sector. Provides insights into worker compensation and economic health.
Methodology
Calculated by dividing total hourly payroll by total hours worked across private industries.
Historical Context
Key indicator for monetary policy, inflation expectations, and labor market conditions.
Key Facts
- Reflects compensation trends in private sector
- Important for understanding economic health
- Used in policy and investment decisions
FAQs
Q: What does average hourly earnings measure?
A: The average wage paid to private sector employees per hour worked. Indicates overall compensation trends.
Q: Why are average hourly earnings important?
A: They provide insights into worker compensation, inflation potential, and overall economic conditions.
Q: How do policymakers use this data?
A: To assess labor market health, inform monetary policy, and understand potential inflationary pressures.
Q: What factors influence hourly earnings?
A: Economic growth, labor market tightness, industry performance, and productivity levels.
Q: How frequently is this data updated?
A: Monthly reports provide the most recent average hourly earnings information.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees, Total Private (CES0500000003), retrieved from FRED.