12-Month Moving Average of Unweighted Median Hourly Wage Growth: Occupation Skill Category: OPTICS
FRBATLWGT12MMUMHWGOSCOPTC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-18.37%
Date Range
12/1/1997 - 7/1/2025
Summary
Measures 12-month moving average of median hourly wage growth for optical occupations. Provides insights into wage trends in specialized technical fields.
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
Tracks wage progression for workers in optics-related occupations, offering a detailed view of compensation in technical skill categories.
Methodology
Calculated using unweighted median hourly wage data from occupational surveys.
Historical Context
Used by policymakers and economists to understand wage dynamics in specialized industries.
Key Facts
- Focuses on specialized optical occupation wages
- Provides 12-month moving average perspective
- Reflects technical skill market compensation
FAQs
Q: What does this wage growth series measure?
A: 12-month moving average of median hourly wages for workers in optical occupations.
Q: Why track wages in optical occupations?
A: Provides insights into compensation trends in specialized technical fields.
Q: How is the data calculated?
A: Uses unweighted median hourly wage data from occupational surveys.
Q: What makes this indicator unique?
A: Offers a focused view of wage trends in a specific technical skill category.
Q: How frequently is this data updated?
A: Typically updated on a monthly or quarterly basis to reflect current wage trends.
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Financial Assets Held by the 50th to 90th Wealth Percentiles
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12-Month Moving Average of Unweighted Median Hourly Wage Growth: Wage Distribution: 26th to 50th Wage Percentile
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Share of Deposits Held by the 99th to 99.9th Wealth Percentiles
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Occupation Skill Category: OPTICS (FRBATLWGT12MMUMHWGOSCOPTC), retrieved from FRED.