Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Montana
SMU30000006500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,243.84
Year-over-Year Change
7.98%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Montana trend measures the average weekly earnings for private sector workers in the education and health services industries in Montana. This data is crucial for understanding labor market dynamics and wage growth in these key economic sectors.
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 metric provides insight into the earnings and compensation levels of workers in Montana's private education and healthcare industries. It is used by economists, policymakers, and labor market analysts to assess the competitiveness of wages, cost of living, and economic performance in these vital service sectors.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the business environment, labor market conditions, and economic development in Montana.
Key Facts
- Montana's private education and health services industry employs over 100,000 workers.
- Average weekly earnings in this sector exceed the statewide private industry average.
- Wage growth in this industry has outpaced overall state employment growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings for private sector workers in the education and health services industries in Montana.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding labor market dynamics and wage growth in these key economic sectors in Montana.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program 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 business environment, labor market conditions, and economic development in Montana.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis and may have a 1-2 quarter 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 Montana (SMU30000006500000011), retrieved from FRED.