All Employees: Education and Health Services: Private Education and Health Services in Maine
Not Seasonally Adjusted
MEEDUHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.50
Year-over-Year Change
0.53%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' economic trend measures the average hourly earnings for all employees on private nonfarm payrolls in the United States. This indicator provides insight into the underlying wage growth trends in the 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 'Not Seasonally Adjusted' series for average hourly earnings represents the raw, unadjusted data without seasonal factors removed. This provides a more direct view of actual wage movements compared to the seasonally adjusted data, which can be useful for economists and policymakers analyzing employment and inflation dynamics.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of nonfarm establishments.
Historical Context
Trends in average hourly earnings are closely monitored by the Federal Reserve and other economic policymakers as a key indicator of labor market conditions and inflationary pressures.
Key Facts
- The series is published monthly by the U.S. Bureau of Labor Statistics.
- Nominal wages have risen by over 5% year-over-year as of the latest data.
- High wage growth can signal tight labor markets and upward inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the average hourly earnings for all employees on private nonfarm payrolls in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in average hourly earnings provide important insights into labor market conditions and potential inflationary pressures, making this a key indicator monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of nonfarm establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic policymakers closely track trends in average hourly earnings as a signal of labor market tightness and potential inflationary pressures in the broader economy.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' series is published monthly with a typical release lag of about one month after the reference period.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (MEEDUHN), retrieved from FRED.