Average Hourly Earnings of All Employees, Other Services
Not Seasonally Adjusted
CEU8000000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.43
Year-over-Year Change
2.43%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks unadjusted employment data without seasonal smoothing. Provides raw employment figures critical for understanding labor market 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
Not Seasonally Adjusted data represents actual employment counts without statistical modifications. Helps economists analyze raw employment trends.
Methodology
Data collected through establishment surveys measuring total employment without seasonal corrections.
Historical Context
Used by policymakers to understand unfiltered labor market dynamics and seasonal employment patterns.
Key Facts
- Represents unmodified employment counts
- Critical for understanding seasonal variations
- Provides direct employment measurement
FAQs
Q: What does 'Not Seasonally Adjusted' mean?
A: Raw employment data without statistical smoothing. Shows actual employment counts without accounting for seasonal patterns.
Q: Why are non-seasonally adjusted figures important?
A: Reveals true employment fluctuations before statistical modifications. Useful for detailed labor market analysis.
Q: How often is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics.
Q: Can businesses use this data?
A: Helps businesses understand raw employment trends and seasonal hiring patterns.
Q: What are the limitations of this data?
A: Does not account for seasonal variations that can distort employment interpretations.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CEU8000000003), retrieved from FRED.