Average Weekly Earnings of Production and Nonsupervisory Employees, Private Education and Health Services
CES6500000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,038.81
Year-over-Year Change
2.54%
Date Range
1/1/1964 - 7/1/2025
Summary
Tracks wage levels for non-management workers in education and health services. Provides critical insight into compensation trends in these essential sectors.
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 average weekly earnings for production and nonsupervisory employees in private education and health services. Helps economists understand labor market dynamics.
Methodology
Bureau of Labor Statistics surveys employers to collect comprehensive wage data monthly.
Historical Context
Used by policymakers to assess wage growth and economic health in service sectors.
Key Facts
- Covers millions of workers in critical service industries
- Reflects economic health of education and healthcare sectors
- Tracks compensation beyond base salary
FAQs
Q: How are weekly earnings calculated in this series?
A: Total wages divided by number of employees, capturing base pay and standard hours worked.
Q: Why are education and health services important economic indicators?
A: These sectors represent significant employment and economic activity in the U.S. economy.
Q: How often is this data updated?
A: Monthly updates provide current wage trend information from the Bureau of Labor Statistics.
Q: Do these earnings include part-time and full-time workers?
A: The series includes both part-time and full-time nonsupervisory employees in these sectors.
Q: What limitations exist in this wage data?
A: Does not capture bonuses, benefits, or variations in regional labor markets.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production and Nonsupervisory Employees, Private Education and Health Services (CES6500000030), retrieved from FRED.