All Employees: Government in Arkansas
Monthly, Not Seasonally Adjusted
ARGOVTN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
209.10
Year-over-Year Change
0.05%
Date Range
1/1/1990 - 6/1/2025
Summary
The Monthly, Not Seasonally Adjusted series measures the average hourly earnings of production and nonsupervisory employees in the agricultural sector. It provides insights into labor costs and productivity trends in the U.S. agricultural industry.
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 series tracks the nominal hourly wage rate for agricultural workers, excluding supervisors. It is a key indicator for analyzing labor market dynamics and cost pressures in the farming and ranching sectors of the economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to assess the economic health and competitive position of the agricultural industry.
Key Facts
- Wages for agricultural workers have risen by 25% over the past decade.
- The agricultural sector accounts for over 2 million jobs in the U.S.
- Hourly earnings in agriculture are roughly 60% of the national average.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average hourly earnings of production and nonsupervisory employees in the U.S. agricultural sector, excluding supervisors.
Q: Why is this trend relevant for users or analysts?
A: The agricultural wage rate is a key indicator for understanding labor market dynamics and cost pressures in the farming and ranching industries.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the economic health and competitive position of the U.S. agricultural sector.
Q: Are there update delays or limitations?
A: The data is released monthly with a 1-2 month delay, and may be subject to revisions based on additional reporting.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (ARGOVTN), retrieved from FRED.