All Employees: Government: Local Government in Colorado
Not Seasonally Adjusted
SMU08000009093000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
290.00
Year-over-Year Change
1.26%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the monthly average hourly earnings of all employees on nonfarm payrolls in the United States. This metric 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 'Not Seasonally Adjusted' series represents the nominal average hourly earnings of all employees, excluding supervisory or managerial roles. It is a widely followed indicator of labor market trends and can inform economic policy decisions.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and market participants to gauge inflationary pressures and the overall health of the labor market.
Key Facts
- The series covers all private nonfarm payroll employees.
- Data is released monthly by the Bureau of Labor Statistics.
- Wages are a key indicator of inflation and economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the average hourly earnings of all employees on nonfarm payrolls in the United States, excluding supervisory or managerial roles.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wage growth and labor market conditions, which are key factors in assessing inflationary pressures and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, economists, and market participants to gauge inflationary pressures and the overall health of the labor market, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics with a short delay, and it represents the average hourly earnings for all employees, not individual workers.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU08000009093000001), retrieved from FRED.