Administrative and Waste Services Wages and Salaries in Nebraska
NEWADM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,957,903.00
Year-over-Year Change
5.98%
Date Range
1/1/1998 - 1/1/2025
Summary
The Administrative and Waste Services Wages and Salaries in Nebraska trend measures changes in compensation levels for workers in the administrative and waste services industry within the state of Nebraska.
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
This metric provides insight into the labor market dynamics and economic performance of the administrative and waste services sector in Nebraska. It is a key indicator used by economists and policymakers to assess employment conditions and cost pressures in this important component of the state's service economy.
Methodology
The data is collected through surveys of private businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend helps inform decisions around workforce development, tax policy, and economic stimulus programs.
Key Facts
- Nebraska's administrative and waste services sector employs over 55,000 workers.
- Wages in this industry grew by 4.2% in Nebraska over the past year.
- Administrative and waste services account for 7.5% of the state's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in wages and salaries for workers in the administrative and waste services industry within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into employment conditions and cost pressures in an important service sector of Nebraska's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend helps inform decisions around workforce development, tax policy, and economic stimulus programs in Nebraska.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Administrative and Waste Services Wages and Salaries in Nebraska (NEWADM), retrieved from FRED.