Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Estonia
Quarterly, Seasonally Adjusted
LREM24MAEEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.85
Year-over-Year Change
5.38%
Date Range
1/1/2000 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the average hourly earnings of employees on private non-farm payrolls in the United States. This metric is a key indicator of wage growth and labor market conditions.
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 U.S. private sector workers on a quarterly basis, with seasonal fluctuations removed. It is used by economists and policymakers to assess trends in worker compensation and the overall health of the labor market.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Historical Context
This earnings trend provides important context for Federal Reserve monetary policy decisions and private sector investment strategies.
Key Facts
- Quarterly data, not monthly.
- Seasonally adjusted to remove predictable fluctuations.
- Covers private non-farm payrolls only.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the average hourly earnings of U.S. private sector workers on a quarterly basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into wage growth and labor market conditions, which are key factors for economic policymakers and private sector decision-makers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted earnings trend is closely monitored by the Federal Reserve and other policymakers to inform monetary policy decisions and assess the overall health of the labor market.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a delay of several weeks between the end of the quarter and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LREM24MAEEQ156S), retrieved from FRED.