Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Czechia
Annual, Seasonally Adjusted
LRHUADFECZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.85
Year-over-Year Change
-61.87%
Date Range
1/1/1993 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the average hourly earnings of all U.S. employees in manufacturing. It provides insights into labor market conditions and wage growth, which are key economic indicators.
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 tracks the average hourly wage for manufacturing workers, which is a valuable metric for understanding the strength of the labor market and inflationary pressures. It is widely used by economists, policymakers, and investors to assess the overall health of the U.S. economy.
Methodology
The data is collected through surveys of U.S. businesses and adjusted for seasonal variations.
Historical Context
Policymakers monitor this trend to inform decisions on interest rates, while market analysts use it to predict consumer spending and broader economic trends.
Key Facts
- Manufacturing wages have risen by over 3% annually since 2021.
- The U.S. manufacturing sector employs over 12 million workers.
- Wage growth is a key indicator of inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the average hourly earnings of all employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Tracking manufacturing wages is crucial for understanding labor market conditions, inflationary pressures, and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to inform decisions on interest rates and other policies aimed at maintaining economic stability.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of several weeks, and may be subject to revisions.
Related Trends
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Czech Republic
LFHUADMACZM647S
Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Czech Republic
CP0932CZM086NEST
Sales: Retail Trade: Total Retail Trade: Volume for Czech Republic
CZESLRTTO01GYSAM
Consumer Price Index: Transport (COICOP 07): Total for Czech Republic
CZECP070000GPM
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Czech Republic
CZECP020000GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Czechia
CZECPICORQINMEI
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUADFECZA156S), retrieved from FRED.