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Source: U.S. Bureau of Labor Statistics
Release: Employment Cost Index
Units: Index Dec 2005=100, Seasonally Adjusted
Frequency: Quarterly
On April 26, 2006, The Employment Cost Index converted to the 2002 North American Industry Classification System (NAICS) and the 2000 Standard Occupational Classification System (SOC). In addition, several computational changes were introduced, including rebasing all series to December 2005=100 from June 1989=100, the introduction of new employment weights and seasonal adjustment factors.
For more detailed information on NAICS and SOC, including background and definitions, please see the Bureau of Labor Statistics (BLS) websites: https://www.bls.gov/bls/naics.htm and http://www.bls.gov/soc/home.htm.
U.S. Bureau of Labor Statistics, Employment Cost Index: Wages and Salaries: Private Industry Workers [ECIWAG], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/ECIWAG, May 13, 2024.
Source: Federal Reserve Bank of Atlanta
Release: Wage Growth Tracker
Units: Percent Change from Year Ago, Not Seasonally Adjusted
Frequency: Monthly
Median of the year-over-year percent change in hourly wage rates computed at the individual level using linked wage records. This series goes back to 1983 but with breaks in the time-series prior to 1997 due to changes in methodology.
For more details about this release from the Federal Reserve Bank of Atlanta, visit their Wage Growth Tracker webpage.
Federal Reserve Bank of Atlanta, Unweighted Median Hourly Wage Growth (1983): Overall [FRBATLWGTUMHWG83O], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FRBATLWGTUMHWG83O, May 13, 2024.