Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Estonia
Quarterly, Seasonally Adjusted
LRHUADMAEEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.77
Year-over-Year Change
30.13%
Date Range
1/1/2000 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the average hourly earnings of production and nonsupervisory employees in the manufacturing sector. This metric is a key indicator of labor costs and productivity 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
The Quarterly, Seasonally Adjusted series tracks changes in the average hourly wages of manufacturing workers over time. This data is used by economists and policymakers to analyze labor market conditions, inflationary pressures, and the competitiveness of U.S. manufacturing.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Historical Context
The average hourly earnings metric is closely monitored by the Federal Reserve and other institutions for insights into employment, inflation, and the overall health of the economy.
Key Facts
- Manufacturing accounts for about 11% of U.S. GDP.
- The average hourly wage for manufacturing workers was $31.21 in 2022.
- Productivity growth in manufacturing has outpaced the overall economy in recent decades.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks 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: This metric provides important insights into labor costs, productivity, and the overall health of the manufacturing industry, which is a key driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: The average hourly earnings metric is closely monitored by the Federal Reserve and other institutions for insights into employment, inflation, and the overall health of the economy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is released with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUADMAEEQ156S), retrieved from FRED.