3-Month Moving Average of Unweighted Median Hourly Wage Growth: Work Status: Full-Time
FRBATLWGT3MMAUMHWGWSFT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.20
Year-over-Year Change
-12.50%
Date Range
3/1/1997 - 7/1/2025
Summary
Tracks the 3-month moving average of median hourly wage growth for full-time workers. Provides crucial insights 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 metric measures wage growth trends for full-time employees using a smoothed 3-month moving average. Helps economists understand labor market conditions.
Methodology
Calculated by averaging median hourly wage growth over a three-month period.
Historical Context
Used by policymakers and economists to assess labor market health and wage trends.
Key Facts
- Smooths short-term wage fluctuations
- Focuses on full-time worker earnings
- Provides nuanced labor market insights
FAQs
Q: What does this wage growth metric measure?
A: Tracks the 3-month moving average of median hourly wage growth for full-time workers. Provides smoothed wage trend insights.
Q: Why use a 3-month moving average?
A: Reduces short-term volatility and provides a more stable view of wage growth trends.
Q: How can this data be used?
A: Helps economists and policymakers understand labor market conditions and wage dynamics.
Q: What limitations exist in this metric?
A: Focuses only on full-time workers and uses a median measure, which may not capture all wage variations.
Q: How frequently is this data updated?
A: Typically updated monthly to reflect the most recent wage growth trends.
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Citation
U.S. Federal Reserve, 3-Month Moving Average of Unweighted Median Hourly Wage Growth (FRBATLWGT3MMAUMHWGWSFT), retrieved from FRED.