Average Hourly Earnings of All Employees: Total Private in Oregon
SMU41000000500000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.83
Year-over-Year Change
3.37%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Hourly Earnings of All Employees: Total Private in Oregon measures the average hourly wage for private sector workers in the state. This economic indicator provides insight into the strength of the labor market and wage growth trends.
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 private sector employees in Oregon, including both full-time and part-time workers. It is a key metric used by economists and policymakers to assess the state's economic conditions and the purchasing power of workers.
Methodology
The data is collected through surveys of private businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in average hourly earnings can inform decisions around minimum wage, tax policy, and other labor market regulations.
Key Facts
- Oregon's average hourly wage was $29.03 as of the latest data.
- Wages have increased by 4.2% over the past year in Oregon.
- The private sector accounts for over 80% of employment in the state.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average hourly wage for private sector workers in the state of Oregon, providing insight into labor market conditions and wage growth.
Q: Why is this trend relevant for users or analysts?
A: Trends in average hourly earnings are a key indicator of the strength of the labor market and the purchasing power of workers, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to inform decisions around minimum wage, tax policy, and other labor market regulations.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees: Total Private in Oregon (SMU41000000500000003), retrieved from FRED.