3-Month Moving Average of Unweighted Mean Hourly Wage Growth: Overall
This dataset tracks 3-month moving average of unweighted mean hourly wage growth: overall over time.
Latest Value
5.80
Year-over-Year Change
-7.94%
Date Range
3/1/1997 - 7/1/2025
Summary
Measures overall hourly wage growth using a 3-month moving average of unweighted mean wages. Critical indicator of broader labor market compensation trends.
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 metric provides a comprehensive view of wage dynamics across the entire workforce, helping economists and policymakers understand compensation patterns.
Methodology
Calculated using unweighted mean hourly wage growth data for all workers.
Historical Context
Essential for analyzing national wage trends and economic health.
Key Facts
- Uses 3-month moving average
- Covers entire workforce
- Unweighted mean methodology
FAQs
Q: What does this wage growth metric show?
A: Tracks overall hourly wage changes across all workers using a 3-month moving average.
Q: Why is this data significant?
A: Provides a comprehensive view of national wage trends and labor market compensation.
Q: How is the data calculated?
A: Uses an unweighted mean approach to measure hourly wage changes over three months.
Q: What makes this metric unique?
A: Offers a broad, unweighted perspective on wage growth across all employment sectors.
Q: How frequently is this data updated?
A: Regularly updated to reflect current labor market and wage conditions.
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Citation
U.S. Federal Reserve, 3-Month Moving Average of Unweighted Mean Hourly Wage Growth: Overall (FRBATLWGT3MMAUMEANHWGO), retrieved from FRED.