Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Estonia
Monthly, Not Seasonally Adjusted
LRHUADTTEEM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
1.67%
Date Range
1/1/2000 - 6/1/2025
Summary
This trend measures the average hourly earnings of all employees on private nonfarm payrolls in the United States. It provides insight into wage growth and labor market conditions.
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
The Average Hourly Earnings of All Employees on Private Nonfarm Payrolls trend tracks the mean hourly compensation paid to workers across the U.S. private sector. It is a key indicator of inflationary pressures and the overall strength of the labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by the Federal Reserve and other policymakers to assess economic conditions and guide monetary policy decisions.
Key Facts
- Average hourly earnings rose 5.1% in the past 12 months.
- Wage growth has outpaced inflation in recent months.
- The labor market remains tight with low unemployment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of all employees on private nonfarm payrolls in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wage growth and labor market conditions, which are closely monitored by policymakers and analysts to assess economic performance and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is closely watched by the Federal Reserve and other policymakers to help guide monetary policy decisions and assess the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of a few weeks.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees on Private Nonfarm Payrolls (LRHUADTTEEM156N), retrieved from FRED.