Average Hourly Earnings of All Employees, Private Education and Health Services
Not Seasonally Adjusted
CEU6500000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.54
Year-over-Year Change
3.13%
Date Range
3/1/2006 - 7/1/2025
Summary
Represents raw employment data before seasonal adjustments, providing unfiltered view of workforce fluctuations.
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
Captures employment levels without statistical smoothing, showing raw employment numbers across industries.
Methodology
Bureau of Labor Statistics collects monthly data from employer payroll records.
Historical Context
Essential for understanding unadjusted labor market variations and seasonal patterns.
Key Facts
- Provides unmodified employment data before statistical smoothing
- Reveals direct employment numbers without seasonal corrections
- Important for understanding raw labor market dynamics
FAQs
Q: What does 'not seasonally adjusted' mean?
A: Raw employment data without statistical modifications to remove predictable seasonal variations.
Q: Why are non-seasonally adjusted numbers important?
A: Reveals actual employment fluctuations before statistical smoothing techniques are applied.
Q: How do seasonal adjustments work?
A: Statistical techniques remove predictable seasonal patterns to reveal underlying economic trends.
Q: When should raw employment data be used?
A: Useful for detailed analysis of specific time periods and understanding direct employment changes.
Q: Are non-seasonally adjusted numbers less accurate?
A: Not less accurate, but require more nuanced interpretation compared to seasonally adjusted data.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CEU6500000003), retrieved from FRED.