Average Hourly Earnings of All Employees: Financial Activities in Florida
Monthly
SMU12000005500000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.30
Year-over-Year Change
5.61%
Date Range
1/1/2007 - 7/1/2025
Summary
The 'Monthly' economic trend measures the total number of people employed in the United States on a monthly basis. This metric is a key indicator of the overall health of the U.S. labor market and economy.
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 'Monthly' employment data tracks the total number of non-farm payroll jobs created or lost in the U.S. each month. Economists and policymakers closely monitor this trend to assess economic growth, consumer spending, and potential inflationary pressures.
Methodology
The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
The monthly employment figures are a crucial input for the Federal Reserve's monetary policy decisions.
Key Facts
- The U.S. economy added 390,000 jobs in May 2022.
- The unemployment rate was 3.6% as of May 2022.
- Service sectors led job growth in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total number of non-farm payroll jobs created or lost in the United States each month.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health of the U.S. labor market and economy, and is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The monthly employment figures are a crucial input for the Federal Reserve's monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published by the Bureau of Labor Statistics on a monthly basis, with a typical 1-2 week delay from the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly (SMU12000005500000003), retrieved from FRED.