12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Education and Health
FRBATLWGT12MMUMHWGIEH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.50
Year-over-Year Change
-6.25%
Date Range
12/1/1997 - 7/1/2025
Summary
The 12-Month Moving Average of Unweighted Median Hourly Wage Growth for the Education and Health industry measures the year-over-year change in median hourly wages for this sector, providing insight into labor market dynamics.
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 trend tracks the median hourly wage growth for workers in the education and health services industry over a 12-month period. It offers a snapshot of wage pressures and labor market conditions in a key sector of the U.S. economy.
Methodology
The data is calculated from the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This wage growth metric is closely monitored by policymakers and economists to assess inflationary pressures and labor market tightness.
Key Facts
- Wages in the education and health services industry account for over 15% of total U.S. employment.
- The 12-month moving average wage growth helps track changes in labor costs over time.
- Faster wage growth can signal tight labor markets and contribute to broader inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in median hourly wages for workers in the education and health services industry.
Q: Why is this trend relevant for users or analysts?
A: This wage growth metric is closely watched by policymakers and economists to assess labor market conditions and inflationary pressures in a key sector of the economy.
Q: How is this data collected or calculated?
A: The data is calculated from the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this wage growth metric to gauge labor market tightness and potential inflationary risks, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Education and Health (FRBATLWGT12MMUMHWGIEH), retrieved from FRED.