Average Hourly Earnings of All Employees: Manufacturing in Arkansas
Monthly
SMU05000003000000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.81
Year-over-Year Change
14.32%
Date Range
1/1/2007 - 7/1/2025
Summary
The monthly employment trend measures the number of jobs in the U.S. private sector. This is a key economic indicator used by policymakers and analysts to assess labor market conditions.
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 monthly employment trend tracks the total number of employees on nonfarm payrolls in the United States, excluding government workers. This metric is widely regarded as an important barometer of the overall health and direction of the U.S. economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers closely monitor monthly employment figures to inform decisions around monetary and fiscal policy.
Key Facts
- The U.S. economy added 263,000 jobs in November 2022.
- The unemployment rate remained at 3.7% in November 2022.
- Monthly employment data is released on the first Friday of each month.
FAQs
Q: What does this economic trend measure?
A: The monthly employment trend measures the total number of nonfarm payroll jobs in the United States private sector.
Q: Why is this trend relevant for users or analysts?
A: Monthly employment data is a key indicator of the overall health of the U.S. economy and is closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other government institutions use monthly employment data to inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The monthly employment data is released on the first Friday of each month, with a typical delay of about 4 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly Employment (SMU05000003000000003), retrieved from FRED.