All Employees: Government: Federal Government in Puerto Rico
Not Seasonally Adjusted
SMU72000009091000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.40
Year-over-Year Change
4.90%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the month-over-month change in wages and salaries for private nonfarm establishments in the United States. This metric provides insight into underlying economic trends without the effects of seasonal variations.
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' wage and salary series reports changes in labor costs without adjusting for typical seasonal patterns. This data is useful for economists and policymakers to assess the underlying momentum of the economy.
Methodology
The U.S. Bureau of Labor Statistics collects this data through surveys of private nonfarm businesses.
Historical Context
Tracking wage and salary trends is crucial for evaluating the health of the labor market and consumer spending.
Key Facts
- Private nonfarm wages and salaries make up a large portion of total personal income.
- Month-over-month changes in this metric can signal shifts in consumer purchasing power.
- Analyzing non-seasonally adjusted data provides a more accurate picture of underlying economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the month-over-month change in wages and salaries for private nonfarm establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the underlying momentum of the labor market and economy without the effects of typical seasonal variations.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through surveys of private nonfarm businesses.
Q: How is this trend used in economic policy?
A: Tracking wage and salary trends is crucial for evaluating the health of the labor market and consumer spending, which are key inputs for economic policymaking.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' series is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU72000009091000001), retrieved from FRED.