Average Weekly Earnings of All Employees: Information in Illinois
Monthly
SMU17000005000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,801.56
Year-over-Year Change
4.59%
Date Range
1/1/2007 - 7/1/2025
Summary
The Monthly economic trend measures monthly changes in state-level total nonfarm employment in Kansas. This data is crucial for analyzing labor market conditions and informing economic policymaking.
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 economic trend tracks the total number of nonfarm payroll jobs in Kansas on a monthly basis. This is a key indicator of overall economic activity and labor market health at the state level.
Methodology
The data is collected through a monthly survey of Kansas employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to monitor the strength of the Kansas economy and inform decisions around employment, economic stimuli, and workforce development.
Key Facts
- Kansas has a population of approximately 2.9 million people.
- The state's largest industries include agriculture, aviation, and biosciences.
- Nonfarm employment in Kansas has grown by 2.5% over the past year.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the total number of nonfarm payroll jobs in the state of Kansas on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a timely snapshot of labor market conditions in Kansas, which is crucial for analyzing the state's economic performance and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Kansas employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the strength of the Kansas economy and inform decisions around employment, economic stimuli, and workforce development.
Q: Are there update delays or limitations?
A: The Monthly data is released with a lag of approximately one month, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly (SMU17000005000000011), retrieved from FRED.