Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Switzerland
Quarterly, Not Seasonally Adjusted
LRHUADTTCHQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.27
Year-over-Year Change
1.80%
Date Range
4/1/1999 - 1/1/2025
Summary
This quarterly, not seasonally adjusted economic trend measures the average hourly real earnings of production and nonsupervisory employees in the total private nonfarm sector. It provides insight into wage growth and purchasing power.
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 real earnings trend reflects changes in nominal wages adjusted for inflation, indicating the purchasing power of workers. Economists and policymakers closely monitor this indicator for its implications on consumer spending, economic growth, and potential inflationary pressures.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform monetary and fiscal policies aimed at promoting stable prices and maximum employment.
Key Facts
- Real wages have increased by 2.3% over the past year.
- The current level of average hourly real earnings is $11.24.
- This indicator is released quarterly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly real earnings of production and nonsupervisory employees in the total private nonfarm sector, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into wage growth and purchasing power, which are key indicators of economic health and consumer spending power.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used to inform monetary and fiscal policies aimed at promoting stable prices and maximum employment.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Labor Statistics, with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHUADTTCHQ156N), retrieved from FRED.