Average Hourly Earnings of All Employees: Manufacturing in Delaware
Monthly
SMU10000003000000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.31
Year-over-Year Change
5.40%
Date Range
1/1/2007 - 7/1/2025
Summary
The Monthly economic trend measures the monthly change in U.S. total nonfarm employment. It is a key indicator of the overall health and direction of 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 Monthly trend tracks the month-over-month change in total nonfarm payroll employment, which includes both private-sector and government jobs. It is one of the most closely watched economic indicators and is used by policymakers, analysts, and investors to assess the strength of the labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Monthly trend is a leading indicator used to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. added 528,000 jobs in July 2022, exceeding expectations.
- The unemployment rate fell to 3.5% in July 2022, matching a 50-year low.
- Total nonfarm employment has now surpassed its pre-pandemic level.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the month-over-month change in total nonfarm payroll employment in the United States, including both private-sector and government jobs.
Q: Why is this trend relevant for users or analysts?
A: The Monthly trend is a key indicator of the overall health and direction of the U.S. economy, used by policymakers, analysts, and investors to assess the strength of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Monthly trend is a leading indicator used to inform monetary and fiscal policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The Monthly data is released by the Bureau of Labor Statistics approximately 3 weeks after the end of each month.
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Citation
U.S. Federal Reserve, Monthly (SMU10000003000000003), retrieved from FRED.