Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Brazil
Quarterly, Not Seasonally Adjusted
LREMTTTTBRQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.38
Year-over-Year Change
-5.81%
Date Range
4/1/2002 - 7/1/2015
Summary
This economic indicator measures the average hourly earnings of all employees on private nonfarm payrolls in the United States on a quarterly, non-seasonally adjusted basis. It provides insight into wage growth and labor market 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
The Quarterly, Not Seasonally Adjusted series represents the average hourly earnings for all employees working in the private nonfarm sector of the U.S. economy. This metric is widely used by economists and policymakers to assess the strength of the labor market and broader inflationary pressures.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This wage trend is a key input for the Federal Reserve's monetary policy decisions and is closely monitored by financial markets.
Key Facts
- Quarterly data, not seasonally adjusted.
- Covers all private nonfarm employees.
- Provides insight into inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the average hourly earnings of all employees on private nonfarm payrolls in the United States on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This wage trend is a key indicator of labor market conditions and inflationary pressures, providing important insights for economists, policymakers, and financial market participants.
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: This wage trend is a crucial input for the Federal Reserve's monetary policy decisions and is closely monitored by financial markets.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREMTTTTBRQ156N), retrieved from FRED.