Average Weekly Earnings of All Employees, Private Education and Health Services
This dataset tracks average weekly earnings of all employees, private education and health services over time.
Latest Value
1165.06
Year-over-Year Change
2.57%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks weekly earnings for employees in private education and health services sectors. Provides critical insight into compensation trends in these essential service industries.
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 average compensation for workers in education and healthcare. It reflects labor market dynamics and sector-specific wage developments.
Methodology
Data collected through establishment surveys tracking payroll and employment statistics.
Historical Context
Used by policymakers and economists to assess labor market health in service sectors.
Key Facts
- Represents comprehensive wage data for education and health workers
- Excludes self-employed and government employees
- Updated monthly by Bureau of Labor Statistics
FAQs
Q: What does this economic series measure?
A: Average weekly earnings for employees in private education and health services. Provides insights into sector-specific compensation trends.
Q: How often is this data updated?
A: Monthly updates from the Bureau of Labor Statistics. Provides current wage information for these critical service sectors.
Q: Why are these earnings important?
A: Reflects labor market health, compensation trends, and economic conditions in essential service industries.
Q: Does this include all healthcare workers?
A: Covers private sector employees only, excluding government and self-employed workers.
Q: How reliable is this economic indicator?
A: Considered a reliable source from official government statistical collection methods.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees, Private Education and Health Services (CES6500000011), retrieved from FRED.