Average Hourly Earnings of All Employees, Retail Trade
This dataset tracks average hourly earnings of all employees, retail trade over time.
Latest Value
25.71
Year-over-Year Change
5.15%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks hourly wage levels for retail workers nationwide. Provides critical insight into labor compensation trends in the retail 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
This economic indicator measures the average hourly earnings for retail employees across the United States. It reflects wage dynamics in a significant employment sector.
Methodology
Data collected through monthly establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess labor market health and wage growth in retail industries.
Key Facts
- Reflects comprehensive retail wage measurements
- Includes full and part-time retail employees
- Updated monthly for current economic analysis
FAQs
Q: How often are retail hourly earnings updated?
A: The data is updated monthly by the Bureau of Labor Statistics. Provides current wage trend information.
Q: What industries are included in retail wage calculations?
A: Covers all retail trade sectors, including stores, shops, and sales establishments nationwide.
Q: Why are retail hourly earnings important?
A: Indicates consumer spending power and overall economic health of the retail labor market.
Q: How do retail wages compare to other sectors?
A: Typically lower than professional services but crucial for understanding broader labor market trends.
Q: Are part-time workers included in these earnings?
A: Yes, the data includes both full-time and part-time retail employees for comprehensive analysis.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees, Retail Trade (CES4200000003), retrieved from FRED.