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Average Weekly Wages for Employees in Total Covered Establishments in Champaign-Urbana, IL (MSA) (ENUC165840010SA)

Observation:

Q2 2024: 1,195.92551 (+ more)  Updated: Dec 5, 2024 11:25 AM CST
Q2 2024:  1,195.92551  
Q1 2024:  1,218.81410  
Q4 2023:  1,160.88860  
Q3 2023:  1,165.49302  
Q2 2023:  1,131.11000  

Units:

Dollars per Week,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Title Release Dates
Average Weekly Wages for Employees in Total Covered Establishments in Champaign-Urbana, IL (MSA) 2016-09-07 2024-12-05
 
Source    
U.S. Bureau of Labor Statistics 2016-09-07 2019-03-05
Federal Reserve Bank of St. Louis 2016-09-07 2019-03-05
U.S. Bureau of Labor Statistics 2019-03-06 2019-08-26
Federal Reserve Bank of St. Louis 2019-03-06 2019-08-26
U.S. Bureau of Labor Statistics 2019-08-27 2024-12-05
Federal Reserve Bank of St. Louis 2019-08-27 2024-12-05
 
Release    
Quarterly Census of Employment and Wages 2016-09-07 2024-12-05
 
Units    
Dollars per Week 2016-09-07 2024-12-05
 
Frequency    
Quarterly 2016-09-07 2024-12-05
 
Seasonal Adjustment    
Seasonally Adjusted 2016-09-07 2024-12-05
 
Notes    
Average weekly wages are the wages paid by unemployment insurance covered employers during the calendar quarter, regardless of when the services were performed. Included in wages are pay for vacation and other paid leave, bonuses, stock options, tips, the cash value of meals and lodging, and in some States, contributions to deferred compensation plans (such as 401(k) plans).

The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'x12' package from R with default parameter settings. The package uses the U.S. Bureau of the Census X-12-ARIMA Seasonal Adjustment Program. More information on the 'x12' package can be found at http://cran.r-project.org/web/packages/x12/x12.pdf. More information on X-12-ARIMA can be found at https://www.census.gov/srd/www/x13as/.

2016-09-07 2019-03-05
Average weekly wages are the wages paid by unemployment insurance covered employers during the calendar quarter, regardless of when the services were performed. Included in wages are pay for vacation and other paid leave, bonuses, stock options, tips, the cash value of meals and lodging, and in some States, contributions to deferred compensation plans (such as 401(k) plans).

The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'statsmodel' library from Python with default parameter settings. The package uses the U.S. Bureau of the Census X-13ARIMA-SEATS Seasonal Adjustment Program. More information on the 'statsmodel' X-13ARIMA-SEATS package can be found at https://www.statsmodels.org/dev/generated/statsmodels.tsa.x13.x13_arima_analysis.html. More information on X-13ARIMA-SEATS can be found at https://www.census.gov/srd/www/x13as/.

Some seasonally adjusted series may exhibit negative values because they are created from a seasonal adjustment process regardless of the actual meaning or interpretation of the given indicator.

2019-03-06 2019-08-26
Average weekly wages are the wages paid by unemployment insurance covered employers during the calendar quarter, regardless of when the services were performed. Included in wages are pay for vacation and other paid leave, bonuses, stock options, tips, the cash value of meals and lodging, and in some States, contributions to deferred compensation plans (such as 401(k) plans).

The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'statsmodels' library from Python with default parameter settings. The package uses the U.S. Bureau of the Census X-13ARIMA-SEATS Seasonal Adjustment Program. More information on the 'statsmodels' X-13ARIMA-SEATS package can be found here (https://www.statsmodels.org/dev/generated/statsmodels.tsa.x13.x13_arima_analysis.html). More information on X-13ARIMA-SEATS can be found here (https://www.census.gov/data/software/x13as.html).

Many series include both seasonally adjusted (SA) and not seasonally adjusted (NSA) data. In some cases, the NSA data will be updated but the SA data will not be updated. The reason is usually that the data series has not accumulated enough new seasonal factors to trigger an adjustment. The NSA series can be located here (https://fred.stlouisfed.org/series/ENUC165840010) The FRED team is currently working on a new procedure to replace SA data that has not yet be updated with NSA data that has been updated.

Some seasonally adjusted series may exhibit negative values because they are created from a seasonal adjustment process regardless of the actual meaning or interpretation of the given indicator.

The data were retrieved from the BLS API on the "Updated" date referenced above the graph. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov. "

2019-08-27 2024-12-05

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Champaign Covered Quarterly Census of Employment & Wages Establishments Illinois Average Wages St. Louis Fed Employment Metropolitan Statistical Area Quarterly Seasonally Adjusted Bureau of Labor Statistics Public Domain: Citation Requested United States of America