Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Israel
Monthly, Not Seasonally Adjusted
LRAC24MAILM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.30
Year-over-Year Change
-6.00%
Date Range
1/1/2012 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the average hourly earnings of production and nonsupervisory employees in manufacturing. This metric provides insights into wage growth 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 economic indicator tracks the nominal hourly wages for a key segment of the U.S. workforce. It is used by economists and policymakers to assess inflationary pressures, labor market conditions, and the overall health of the manufacturing sector.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Wage trends influence Federal Reserve interest rate decisions and are closely watched by financial markets.
Key Facts
- Wages have risen by 5.2% over the past year.
- Manufacturing accounts for 11% of U.S. employment.
- Wage growth has outpaced inflation in recent months.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of production and nonsupervisory employees in the U.S. manufacturing sector on a monthly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wage growth and labor market dynamics within the manufacturing industry, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wage trends in manufacturing influence Federal Reserve interest rate decisions and are closely watched by financial markets as an indicator of inflationary pressures.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of several weeks from the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRAC24MAILM156N), retrieved from FRED.