All Employees: Government: State Government in Rhode Island
Not Seasonally Adjusted
SMU44000009092000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.40
Year-over-Year Change
1.04%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the hourly earnings of production and nonsupervisory employees in the private sector. This metric is a key indicator of wage trends and worker purchasing power.
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 'Not Seasonally Adjusted' series tracks nominal hourly wages without adjusting for seasonal factors like holidays and weather. It provides a raw, unmodified view of wage growth, which is valuable for analyzing economic conditions and the labor market.
Methodology
Data is collected through the Current Employment Statistics (CES) survey of nonfarm businesses.
Historical Context
Policymakers and analysts use this wage data to assess inflationary pressures and the health of consumer demand.
Key Facts
- Measures nominal hourly wages without seasonal adjustment.
- Provides a raw view of wage growth in the private sector.
- Used to analyze labor market conditions and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the nominal hourly earnings of production and nonsupervisory employees in the private sector, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This raw wage data is valuable for assessing the state of the labor market and inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of nonfarm businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this wage data to gauge consumer demand and underlying inflation in the economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 weeks.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU44000009092000001), retrieved from FRED.