Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Mississippi
SMU28000006500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,013.20
Year-over-Year Change
1.07%
Date Range
1/1/2007 - 6/1/2025
Summary
The 'Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Mississippi' trend measures the average weekly earnings for private sector workers in education and health services in Mississippi. This metric is an important indicator of economic conditions and purchasing power in the state.
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
This trend represents the average weekly earnings for all private sector employees in the education and health services industries in Mississippi. It is commonly used by economists and policymakers to track changes in worker compensation and overall economic activity within these key service sectors.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is closely monitored for its implications on consumer spending, labor market conditions, and overall economic performance in Mississippi.
Key Facts
- Mississippi's average weekly earnings in private education and health services were $806 as of the latest data.
- Earnings in this sector have risen by 2.8% over the past year.
- The education and health services industry accounts for over 19% of Mississippi's private sector employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all private sector employees in the education and health services industries in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of economic conditions and purchasing power in Mississippi, as it reflects changes in worker compensation within key service sectors.
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 economic indicator is closely monitored by policymakers and analysts for its implications on consumer spending, labor market conditions, and overall economic performance in Mississippi.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Education and Health Services: Private Education and Health Services in Mississippi (SMU28000006500000011), retrieved from FRED.