Average Hourly Earnings of All Employees, Private Education and Health Services
CES6500000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.52
Year-over-Year Change
3.20%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks hourly earnings for private education and health services employees. Provides critical insight into wage trends in a crucial economic 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 metric measures average hourly compensation for workers in private education and health services. It reflects labor market dynamics and sector-specific economic health.
Methodology
Data collected through monthly establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers and economists to assess wage growth and labor market conditions.
Key Facts
- Critical indicator of service sector economic health
- Reflects workforce compensation trends
- Important for labor market analysis
FAQs
Q: What does this economic indicator measure?
A: It tracks average hourly wages for employees in private education and health services. Provides insight into sector-specific compensation trends.
Q: Why are hourly earnings important?
A: Earnings data helps understand economic growth, inflation, and labor market conditions. Indicates workforce value and economic health.
Q: How often is this data updated?
A: Monthly updates provide current wage trend information. Allows for timely economic analysis.
Q: How do these earnings compare to other sectors?
A: Enables comparison of wage levels across different economic sectors. Highlights relative compensation in education and healthcare.
Q: What factors influence these earnings?
A: Influenced by market demand, skill levels, economic conditions, and sector-specific dynamics.
Similar CES Trends
All Employees, Social Assistance
CES6562400001
All Employees, Private Educational Services
CES6561000001
Indexes of Aggregate Weekly Payrolls of Production and Nonsupervisory Employees, Private Education and Health Services
CES6500000035
Production and Nonsupervisory Employees, Private Education and Health Services
CES6500000006
Average Weekly Earnings of Production and Nonsupervisory Employees, Private Education and Health Services
CES6500000030
Indexes of Aggregate Weekly Hours of All Employees, Private Education and Health Services
CEU6500000016
Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees, Private Education and Health Services (CES6500000003), retrieved from FRED.