Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Luxembourg
Quarterly, Seasonally Adjusted
LFEAAGTTLUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,100.00
Year-over-Year Change
-16.22%
Date Range
1/1/2007 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted average hourly earnings of all employees in the United States. It provides insight into the strength of the labor market and wage growth 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
The Quarterly, Seasonally Adjusted series tracks the average hourly earnings of all employees on non-farm payrolls in the U.S. It is a key indicator of inflationary pressures and the overall health of the labor market, which is closely monitored by policymakers and economists.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the state of the economy and inform decisions on monetary and fiscal policy.
Key Facts
- Quarterly, seasonally adjusted data is released monthly.
- The series tracks earnings for all non-farm payroll employees.
- Wage growth is a key indicator of inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted average hourly earnings of all employees on non-farm payrolls in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength of the labor market and inflationary pressures, which are closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) 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 metric to assess the state of the economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted data is released monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEAAGTTLUQ647S), retrieved from FRED.