Unemployment Rate in Maine
Monthly, Not Seasonally Adjusted
MEURN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
-7.14%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' series measures the median usual real hourly earnings for all private nonfarm employees in the United States. This metric provides insight into the real purchasing power of the typical worker's wages.
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 median usual real hourly earnings trend tracks the midpoint of the wage distribution, offering a more representative measure of worker compensation than average earnings. Economists and policymakers use this data to assess the overall health of the labor market and track changes in household purchasing power.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is a key input for evaluating economic and fiscal policies aimed at supporting worker incomes and consumer spending.
Key Facts
- The median usual real hourly earnings in the U.S. was $20.70 as of the latest data.
- Real wages have grown by 2.3% over the past year.
- The not seasonally adjusted series provides a more accurate view of underlying wage trends.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' series tracks the median usual real hourly earnings for all private nonfarm employees in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the real purchasing power of the typical worker's wages, which is a key indicator of labor market health and household financial well-being.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is a key input for evaluating economic and fiscal policies aimed at supporting worker incomes and consumer spending.
Q: Are there update delays or limitations?
A: The not seasonally adjusted series is published monthly, but may have a short delay compared to some other labor market indicators.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (MEURN), retrieved from FRED.