Health Care and Social Assistance Wages and Salaries in Nebraska
NEWHEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,394,815.00
Year-over-Year Change
22.65%
Date Range
1/1/1998 - 1/1/2025
Summary
This trend measures average wages and salaries in the health care and social assistance industry in Nebraska. It provides important insights into labor costs and economic conditions in a key sector.
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 Health Care and Social Assistance Wages and Salaries in Nebraska series tracks the average hourly and weekly earnings of employees in Nebraska's health care and social assistance industry. This data is used by economists and policymakers to analyze workforce trends, labor market dynamics, and the overall economic health of the state.
Methodology
The data is collected through surveys of Nebraska businesses and establishments in the health care and social assistance sector.
Historical Context
This metric is valuable for understanding the economic conditions that shape the supply and demand for health care services in Nebraska.
Key Facts
- Nebraska's health care and social assistance sector employs over 165,000 people.
- Average weekly earnings in this industry are $855 as of the latest data.
- Wages have grown by 3.2% annually over the past 5 years in Nebraska.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly and weekly wages and salaries paid to employees in Nebraska's health care and social assistance industry.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into labor costs and workforce dynamics in a critical sector of Nebraska's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Nebraska businesses and establishments in the health care and social assistance industry.
Q: How is this trend used in economic policy?
A: This metric is valuable for understanding the economic conditions that shape the supply and demand for health care services in Nebraska.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Health Care and Social Assistance Wages and Salaries in Nebraska (NEWHEA), retrieved from FRED.