12-Month Moving Average of Unweighted Median Hourly Wage Growth: Job Stayer
FRBATLWGT12MMUMHWGJST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.30
Year-over-Year Change
-10.42%
Date Range
12/1/1997 - 7/1/2025
Summary
The 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Job Stayer tracks changes in the median hourly wage for workers who remain in the same job over a 12-month period. This metric provides insight into broader wage dynamics and inflation pressures.
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 trend measures the median change in hourly wages for employees who have remained with the same employer for at least 12 consecutive months. It offers a unique perspective on underlying wage growth, distinct from broader measures that include job changers.
Methodology
The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this metric to assess labor market tightness and inflationary pressures.
Key Facts
- The series uses an unweighted median to better reflect the typical worker experience.
- Wage growth for job stayers tends to be slower than for job changers.
- This metric is considered a leading indicator of broader wage and price inflation.
FAQs
Q: What does this economic trend measure?
A: This trend tracks changes in the median hourly wage for workers who remain in the same job over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into underlying wage dynamics and inflationary pressures, which are key considerations for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess labor market tightness and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and sampling constraints of the underlying Current Population Survey.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Job Stayer (FRBATLWGT12MMUMHWGJST), retrieved from FRED.