Monthly, Seasonally Adjusted
SWEURAMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
3.90%
Date Range
1/1/2007 - 6/1/2013
Summary
The Monthly, Seasonally Adjusted series measures the index of average hourly earnings for all employees in the United States. This key economic indicator provides insights into wage trends and labor market dynamics.
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 Monthly, Seasonally Adjusted index is a measure of the average hourly earnings for all employees in the non-farm private sector of the U.S. economy. It is a widely tracked economic indicator used to analyze labor market conditions and wage inflation.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. labor market and inflationary pressures.
Key Facts
- The index has a base year of 2002.
- Data is released monthly by the U.S. Bureau of Labor Statistics.
- The index provides a timely signal of changes in wage pressures.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series measures the index of average hourly earnings for all employees in the non-farm private sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market conditions and wage inflation, providing insights that are closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, such as the Federal Reserve, to assess labor market conditions and inflationary pressures, which inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, providing timely information on wage trends.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SWEURAMS), retrieved from FRED.