3-Month Moving Average of Unweighted Median Hourly Wage Growth: Job Movement: Job Stayer
FRBATLWGT3MMAUMHWGJMJST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
-8.89%
Date Range
3/1/1997 - 7/1/2025
Summary
Tracks three-month moving average of median hourly wage growth for job stayers. Provides critical insight into wage stability and labor market dynamics.
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 metric measures wage changes for employees who remain in their current jobs. It helps economists understand wage growth patterns without job movement.
Methodology
Calculated using three-month moving average of median hourly wage data for consistent workers.
Historical Context
Used by economists and policymakers to assess labor market health and wage trends.
Key Facts
- Measures wage stability for consistent workers
- Provides insights into labor market conditions
- Helps track economic compensation trends
FAQs
Q: What does 'job stayers' mean in this context?
A: Employees who remain in their current job without changing employers during the measurement period.
Q: Why is this wage growth metric important?
A: It reveals wage trends for stable workers, distinct from those changing jobs or experiencing rapid career transitions.
Q: How is the three-month moving average calculated?
A: Averages wage growth data over three consecutive months to smooth out short-term fluctuations.
Q: What can this data tell us about the economy?
A: Indicates wage stability, labor market health, and potential inflationary pressures.
Q: Are there limitations to this metric?
A: Focuses only on job stayers, potentially missing broader wage dynamics in more dynamic job markets.
Related Trends
Miscellaneous Assets Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01018
Total Liabilities Held by the 90th to 99th Wealth Percentiles
WFRBLN09046
Share of Other Loans And Advances (Assets) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBSTP1302
Share of Other Loans and Advances (Assets) Held by the 90th to 99th Wealth Percentiles
WFRBSN09147
Real Median Household Income in the United States
MEHOINUSA672N
Real Mean Family Income in the United States
MAFAINUSA672N
Citation
U.S. Federal Reserve, 3-Month Moving Average of Unweighted Median Hourly Wage Growth: Job Movement: Job Stayer (FRBATLWGT3MMAUMHWGJMJST), retrieved from FRED.