Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Denmark
Monthly, Not Seasonally Adjusted
LRHUADFEDKM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
-16.98%
Date Range
1/1/1983 - 5/1/2025
Summary
This trend measures the average hourly earnings of production and nonsupervisory employees in the manufacturing sector. It provides insights into labor costs and inflationary pressures 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
The Average Hourly Earnings of Production and Nonsupervisory Employees in Manufacturing (LRHUADFEDKM156N) is a key economic indicator that tracks changes in the hourly wage rates of manufacturing workers. This metric is closely monitored by policymakers, economists, and market analysts to assess labor market conditions and inflationary trends.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in manufacturing wages can inform Federal Reserve monetary policy decisions and provide signals about the broader state of the U.S. economy.
Key Facts
- The series is not seasonally adjusted.
- Data is released monthly by the U.S. Bureau of Labor Statistics.
- Manufacturing accounts for about 12% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of production and nonsupervisory employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing wages provide insights into labor market conditions, production costs, and inflationary pressures in the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments 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 inform Federal Reserve monetary policy decisions and assess the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of Production and Nonsupervisory Employees in Manufacturing (LRHUADFEDKM156N), retrieved from FRED.