Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private

Not Seasonally Adjusted

CEU0500000008 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

31.21

Year-over-Year Change

3.86%

Date Range

1/1/1964 - 7/1/2025

Summary

Tracks raw employment data without seasonal adjustments. Provides unfiltered snapshot of labor market fluctuations before statistical smoothing.

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

Not Seasonally Adjusted data represents actual employment counts without removing predictable seasonal variations. Critical for understanding raw employment trends.

Methodology

Raw employment counts collected monthly from employer payroll surveys without statistical modifications.

Historical Context

Used by economists to analyze underlying labor market dynamics and seasonal employment patterns.

Key Facts

  • Reflects actual employment without statistical smoothing
  • Captures seasonal workforce fluctuations directly
  • Essential for granular economic analysis

FAQs

Q: What does 'Not Seasonally Adjusted' mean?

A: Raw employment data without removing predictable seasonal variations. Shows actual employment counts as reported.

Q: Why are non-seasonally adjusted numbers important?

A: Reveals underlying employment patterns before statistical modifications. Useful for detailed economic research.

Q: How different are seasonally adjusted vs. unadjusted numbers?

A: Can vary significantly depending on industry and time of year. Seasonal factors impact employment counts.

Q: Who uses non-seasonally adjusted data?

A: Economists, researchers, and policymakers analyzing detailed labor market dynamics.

Q: How often is this data updated?

A: Monthly employment surveys provide updated non-seasonally adjusted figures.

Similar CEU Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (CEU0500000008), retrieved from FRED.