Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Denmark

Monthly, Not Seasonally Adjusted

LRHUADMADKM156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.60

Year-over-Year Change

27.78%

Date Range

1/1/1983 - 6/1/2025

Summary

This economic indicator measures the average hourly earnings of all employees on private nonfarm payrolls in manufacturing industries, without seasonal adjustments. It provides insights into wage trends and production labor costs.

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 manufacturing average hourly earnings metric tracks changes in the nominal wage levels for production and nonsupervisory workers in the U.S. manufacturing sector. It is a key statistic for evaluating labor market conditions and inflationary pressures.

Methodology

The data is collected through the Current Employment Statistics (CES) survey of businesses.

Historical Context

Policymakers and economists use this metric to assess the strength of the labor market and inflationary dynamics.

Key Facts

  • Manufacturing wages make up a significant portion of total labor costs.
  • Nominal wage growth has outpaced inflation in recent years.
  • The manufacturing sector accounts for over 10% of U.S. GDP.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the average hourly earnings of production and nonsupervisory employees in the U.S. manufacturing sector, without seasonal adjustments.

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

A: Manufacturing wages are a key input for assessing labor market conditions, production costs, and inflationary pressures in the economy.

Q: How is this data collected or calculated?

A: The data is collected through the monthly Current Employment Statistics (CES) survey of businesses.

Q: How is this trend used in economic policy?

A: Policymakers and economists monitor this metric to evaluate the state of the labor market and inflationary dynamics, which informs monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: There is typically a one-month lag in the release of this data by the U.S. Federal Reserve.

Related Trends

Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHUADMADKM156N), retrieved from FRED.