Observation:
Dec 2024: 4.6 (+ more) Updated: Jan 15, 2025 3:03 PM CSTDec 2024: | 4.6 | |
Nov 2024: | 4.7 | |
Oct 2024: | 4.8 | |
Sep 2024: | 4.8 | |
Aug 2024: | 4.8 | |
View All |
Units:
Percent Change from Year Ago,Not Seasonally Adjusted
Frequency:
MonthlyWrite a custom formula to transform one or more series or combine two or more series.
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For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
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NOTES
Source: Federal Reserve Bank of Atlanta
Release: Wage Growth Tracker
Units: Percent Change from Year Ago, Not Seasonally Adjusted
Frequency: Monthly
Notes:
Median of the year-over-year percent change in hourly wage rates computed at the individual level. Reported as a 12-month moving average. Job stayer is someone who is not identified as being a job switcher (see note for Job Switcher).
For more details about this release from the Federal Reserve Bank of Atlanta, visit their Wage Growth Tracker webpage.
Suggested Citation:
Federal Reserve Bank of Atlanta, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Job Stayer [FRBATLWGT12MMUMHWGJST], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FRBATLWGT12MMUMHWGJST, January 31, 2025.