Average Hourly Earnings of All Employees, Utilities
CES4422000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.87
Year-over-Year Change
1.65%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks hourly wage levels for utility sector employees, providing critical insight into compensation trends in essential infrastructure industries.
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 economic indicator measures average hourly earnings for workers in utility companies, reflecting labor market conditions and sector-specific compensation dynamics.
Methodology
Data collected through monthly establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers and economists to assess wage growth and labor market health in utilities.
Key Facts
- Represents comprehensive wage data for utility sector
- Includes full-time and part-time utility employees
- Reflects broader economic compensation trends
FAQs
Q: What does this economic indicator measure?
A: Tracks average hourly wages for all employees in utility companies across the United States.
Q: How often is this data updated?
A: Monthly updates provide current wage information for the utility sector.
Q: Why are utility sector wages important?
A: Reflects labor market conditions and compensation trends in critical infrastructure industries.
Q: How do utility wages compare to other sectors?
A: Often higher than average due to specialized skills and essential service nature.
Q: What factors influence utility sector wages?
A: Includes technological changes, union negotiations, and overall economic conditions.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees, Utilities (CES4422000003), retrieved from FRED.