Annual, Not Seasonally Adjusted
ULQBBV03CAA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
298,021,403,600.00
Year-over-Year Change
2.54%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic indicator measures the average annual, not seasonally adjusted, wages and salaries per full-time equivalent employee in the U.S. It provides insights into long-term trends in worker compensation.
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 Annual, Not Seasonally Adjusted series represents the average annual wages and salaries per full-time equivalent employee. It is a key metric used by economists and policymakers to analyze the broader economic landscape and changes in worker compensation over time.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using survey and administrative sources.
Historical Context
This trend is widely referenced by analysts, investors, and policymakers to understand the broader context of the U.S. labor market and economic conditions.
Key Facts
- Wages and salaries account for over 50% of U.S. personal income.
- The average annual wage has grown by over 50% in the past two decades.
- Real wage growth has lagged behind productivity gains in recent years.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the average annual wages and salaries per full-time equivalent employee in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into long-term trends in worker compensation, which is a key factor in assessing economic conditions and the health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using survey and administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts reference this trend to understand broader economic conditions and changes in worker compensation, which informs decisions around fiscal, monetary, and labor market policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months. There may be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (ULQBBV03CAA189S), retrieved from FRED.