Average Hourly Earnings of Production and Nonsupervisory Employees, Private Education and Health Services
CES6500000008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.77
Year-over-Year Change
3.83%
Date Range
1/1/1964 - 7/1/2025
Summary
Tracks hourly wages for non-management workers in education and health services. Provides critical insight into compensation trends in these essential 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 economic indicator measures average hourly earnings for production and nonsupervisory employees in private education and health services industries.
Methodology
Data collected through monthly establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess wage growth and labor market conditions in service sectors.
Key Facts
- Reflects compensation trends in critical service industries
- Excludes management and supervisory personnel
- Part of broader employment cost tracking
FAQs
Q: What does this wage data represent?
A: Measures average hourly earnings for non-management workers in private education and health services.
Q: How often is this data updated?
A: Monthly updates provide current wage trend information from the Bureau of Labor Statistics.
Q: Why are these wage statistics important?
A: Helps understand labor market health and compensation trends in essential service sectors.
Q: Does this include all workers in education and health?
A: Covers only private sector production and nonsupervisory employees, excluding management.
Q: How can economists use this data?
A: Analyze wage growth, labor market conditions, and sector-specific economic performance.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of Production and Nonsupervisory Employees, Private Education and Health Services (CES6500000008), retrieved from FRED.