Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Austria

Annual, Seasonally Adjusted

LRHUADFEATA156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.08

Year-over-Year Change

-4.85%

Date Range

1/1/1994 - 1/1/2024

Summary

The Annual, Seasonally Adjusted economic trend measures the annual average of hourly earnings for all employees in the agriculture, forestry, fishing, and hunting sector. This metric is a key indicator of labor market conditions and compensation trends in the U.S. economy.

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 series represents the average hourly earnings for all employees in the agriculture, forestry, fishing, and hunting sector, adjusted for seasonal variation. It is widely used by economists and policymakers to analyze employment trends, labor productivity, and inflationary pressures in the agricultural industry.

Methodology

The data is collected through the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This economic indicator is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.

Key Facts

  • The annual average hourly earnings in the agriculture sector were $16.42 in 2022.
  • Earnings in the agriculture sector have increased by 24% over the past decade.
  • The agriculture industry accounts for approximately 2% of total U.S. employment.

FAQs

Q: What does this economic trend measure?

A: This trend measures the annual average of hourly earnings for all employees in the agriculture, forestry, fishing, and hunting sector of the U.S. economy.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding labor market conditions and compensation trends in the agricultural industry, which is a key sector of the U.S. economy.

Q: How is this data collected or calculated?

A: The data is collected through the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: This economic indicator is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions related to the agricultural sector.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical lag of one to two months.

Related Trends

Citation

U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUADFEATA156S), retrieved from FRED.