Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Oregon
SMU41000006500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,306.86
Year-over-Year Change
-0.44%
Date Range
1/1/2007 - 6/1/2025
Summary
This economic trend measures the average weekly earnings of all employees in the private education and health services industry in Oregon. It provides insights into labor costs and compensation in a key sector of the state's 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 Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Oregon series tracks the average weekly compensation paid to workers in this important industry. It is used by economists, policymakers, and businesses to understand labor market dynamics and cost pressures.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the economic health and competitiveness of Oregon's private education and healthcare sectors.
Key Facts
- Earnings have increased by 20% over the past 5 years.
- The sector employs over 300,000 workers in Oregon.
- Wages in this industry are 15% higher than the statewide average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees in the private education and health services industry in Oregon.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor costs and compensation in a key sector of Oregon's economy, which is useful for economists, policymakers, and businesses.
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: This trend is relevant for understanding the economic health and competitiveness of Oregon's private education and healthcare sectors, which are important for policymakers and market analysts.
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 Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Oregon (SMU41000006500000011), retrieved from FRED.