Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Wisconsin
SMU55000006500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,051.38
Year-over-Year Change
0.71%
Date Range
1/1/2007 - 7/1/2025
Summary
This trend measures the average weekly earnings of all employees in the private education and health services industry in Wisconsin. It provides insight into compensation and labor market conditions in this important economic sector.
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 trend tracks changes in the typical weekly paycheck for workers in private education and health services in Wisconsin. This data point is used by economists and policymakers to monitor labor market dynamics and assess the economic health of the education and healthcare industries.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in average weekly earnings can inform decisions around labor policy, industry regulation, and economic forecasting.
Key Facts
- Wisconsin's private education and health services industry employs over 500,000 workers.
- Average weekly earnings in this sector have increased by 25% over the past decade.
- Wages in this industry are typically higher than the statewide private sector 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 Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into labor market conditions and compensation trends in an important economic sector, which is useful for economists, policymakers, and industry analysts.
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: Trends in average weekly earnings can inform decisions around labor policy, industry regulation, and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
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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 Wisconsin (SMU55000006500000011), retrieved from FRED.