12-Month Moving Average of Unweighted Median Hourly Wage Growth: Hours: Usually Full-Time
This dataset tracks 12-month moving average of unweighted median hourly wage growth: hours: usually full-time over time.
Latest Value
4.40
Year-over-Year Change
-13.73%
Date Range
12/1/1997 - 7/1/2025
Summary
The 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Hours: Usually Full-Time measures the trend in median hourly wage growth for full-time workers. This provides insight into overall wage pressures and labor market conditions.
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 tracks the 12-month moving average of the unweighted median hourly wage growth for workers who usually work full-time hours. It serves as a useful gauge of broader wage dynamics in the U.S. economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this wage growth trend to assess inflationary pressures and make informed decisions.
Key Facts
- The data is published monthly.
- It covers private sector workers who usually work 35 hours or more per week.
- The median wage growth metric provides a more representative picture than average wage growth.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the 12-month moving average of the unweighted median hourly wage growth for full-time workers in the U.S. private sector.
Q: Why is this trend relevant for users or analysts?
A: This wage growth metric provides valuable insight into overall labor market conditions and inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this wage growth trend to assess inflationary pressures and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Hours: Usually Full-Time (FRBATLWGT12MMUMHWGHUFT), retrieved from FRED.