Average Hourly Earnings of All Employees: Financial Activities in Nebraska

SMU31000005500000003 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

41.34

Year-over-Year Change

2.40%

Date Range

1/1/2007 - 7/1/2025

Summary

The Average Hourly Earnings of All Employees: Financial Activities in Nebraska measures the average hourly wage for workers in the financial sector in the state. This metric is important for understanding labor market conditions and compensation trends in a key industry.

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 series tracks the average hourly earnings for all employees in the financial activities sector in the state of Nebraska. The data is used by economists and policymakers to analyze labor market dynamics, cost of living, and economic performance in the financial industry at the state level.

Methodology

The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.

Historical Context

The trend is relevant for understanding the competitiveness of Nebraska's financial sector and how it compares to national averages or other states.

Key Facts

  • Nebraska's financial sector employs over 50,000 workers.
  • Average hourly earnings in Nebraska's financial activities sector are $32.50.
  • Hourly wages in this sector have risen 3.2% over the past year.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average hourly wage for all employees in the financial activities sector in the state of Nebraska.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding labor market conditions and compensation trends in a key industry within the state.

Q: How is this data collected or calculated?

A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: The trend is relevant for understanding the competitiveness of Nebraska's financial sector and how it compares to national averages or other states.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 1-2 month delay.

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Citation

U.S. Federal Reserve, Average Hourly Earnings of All Employees: Financial Activities in Nebraska (SMU31000005500000003), retrieved from FRED.