Average Hourly Earnings of All Employees, Total Private

Not Seasonally Adjusted

CEU0500000003 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

36.26

Year-over-Year Change

3.81%

Date Range

3/1/2006 - 7/1/2025

Summary

Tracks raw employment data without seasonal adjustments. Provides unfiltered view of economic employment fluctuations.

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

Represents employment figures before statistical smoothing. Crucial for understanding raw employment trends.

Methodology

Bureau of Labor Statistics collects monthly employment data across sectors.

Historical Context

Used by economists to analyze unadjusted employment patterns.

Key Facts

  • Provides unmodified employment snapshot
  • Reveals immediate labor market conditions
  • Critical for detailed economic analysis

FAQs

Q: What does 'not seasonally adjusted' mean?

A: Raw data without statistical smoothing to remove predictable seasonal variations.

Q: Why use non-seasonally adjusted data?

A: Offers unfiltered view of immediate economic conditions and fluctuations.

Q: How is this different from seasonally adjusted data?

A: Shows actual data points without statistical normalization techniques.

Q: When should economists use this metric?

A: For detailed analysis requiring precise, unmodified employment figures.

Q: What are the limitations?

A: May include temporary fluctuations that can obscure long-term trends.

Related Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (CEU0500000003), retrieved from FRED.