Average hourly earnings for all employees on US private nonfarm payrolls rose by 12 cents, or 0.3%, over a month to $37.02 in December 2025, after an upwardly revised 0.2% increase in November, matching market forecasts. In December, average hourly earnings of private-sector production and nonsupervisory employees, at $31.76, changed little (+3 cents). Over the past 12 months, average hourly earnings have increased by 3.8% in December, the most in four months, following an upwardly revised 3.6% gain in November and surpassing market estimates of a 3.6% rise. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States increased 0.30 percent in December of 2025 over the previous month. Average Hourly Earnings in the United States averaged 0.26 percent from 2006 until 2025, reaching an all time high of 4.50 percent in April of 2020 and a record low of -1.10 percent in May of 2020. This page provides the latest reported value for - United States Average Hourly Earnings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Average Hourly Earnings MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Average Hourly Earnings in the United States increased 0.30 percent in December of 2025 over the previous month. Average Hourly Earnings in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Average Hourly Earnings MoM is projected to trend around 0.40 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-16 01:30 PM
Average Hourly Earnings MoM
Nov 0.1% 0.4% 0.3% 0.2%
2026-01-09 01:30 PM
Average Hourly Earnings MoM
Dec 0.3% 0.2% 0.3% 0.2%
2026-02-11 01:30 PM
Average Hourly Earnings MoM
Jan 0.3% 0.3% 0.3%


Related Last Previous Unit Reference
Average Hourly Earnings MoM 0.30 0.20 percent Dec 2025
Average Hourly Earnings YoY 3.80 3.60 percent Dec 2025
Average Weekly Hours 34.20 34.30 Hours Dec 2025
Earnings Growth Expectations 2.50 2.60 percent Dec 2025
Employed Persons 163992.00 163760.00 Thousand Dec 2025
Employment Cost Index 0.80 0.90 percent Sep 2025
Employment Rate 59.70 59.60 percent Dec 2025
Full Time Employment 135215.00 134325.00 Thousand Dec 2025
Government Payrolls 13.00 6.00 Thousand Dec 2025
JOLTs Job Openings 6542.00 6928.00 Thousand Dec 2025
Job Openings 6728.00 7947.00 Thousand Nov 2025
Participation Rate 62.40 62.50 percent Dec 2025
Labour Costs 121.64 122.23 points Sep 2025
Long Term Unemployment Rate 1.14 1.11 percent Dec 2025
Manufacturing Payrolls -8.00 -2.00 Thousand Dec 2025
Non Farm Payrolls 50.00 56.00 Thousand Dec 2025
Nonfarm Payrolls Private 37.00 50.00 Thousand Dec 2025
Part Time Employment 28712.00 29452.00 Thousand Dec 2025
Productivity 117.97 116.55 points Sep 2025
Real Average Hourly Earnings MoM 0.00 -0.10 percent Dec 2025
Real Average Hourly Earnings YoY 1.10 0.90 percent Dec 2025
Unemployed Persons 7503.00 7781.00 Thousand Dec 2025
Unemployment Rate 4.40 4.50 percent Dec 2025
Wages 31.76 31.73 USD/Hour Dec 2025
Wages in Manufacturing 29.51 29.49 USD/Hour Dec 2025
Youth Unemployment Rate 10.40 10.60 percent Dec 2025


United States Average Hourly Earnings MoM
In the United States, Average Hourly Earnings is the average amount employees make per hour in a given month. The Federal Reserve uses average hourly earnings in deciding whether to raise or lower interest rates.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 4.50 -1.10 2006 - 2025 percent Monthly
Current Prices, SA

News Stream
US Wages Edge Up 0.3% MoM, as Forecast
Average hourly earnings for all employees on US private nonfarm payrolls rose by 12 cents, or 0.3%, over a month to $37.02 in December 2025, after an upwardly revised 0.2% increase in November, matching market forecasts. In December, average hourly earnings of private-sector production and nonsupervisory employees, at $31.76, changed little (+3 cents). Over the past 12 months, average hourly earnings have increased by 3.8% in December, the most in four months, following an upwardly revised 3.6% gain in November and surpassing market estimates of a 3.6% rise.
2026-01-09
US Wages Growth Below Forecasts at Over 2-Year Low
Average hourly earnings for all employees on US private nonfarm payrolls edged up by 5 cents, or 0.1%, over a month to $36.86 in November 2025, following a 0.4% rise in October and below market forecasts of 0.3%. This was the smallest increase in wages since August 2023. In November, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.3%, to $31.76. Over the past 12 months, average hourly earnings have increased by 3.5% in November, marking the slowest increase since May 2021, down from 3.7% in October.
2025-12-16
US Wages Growth Below Estimates
Average hourly earnings for all employees on US private nonfarm payrolls rose by 9 cents, or 0.2% over a month, to $36.67 in September 2025, slowing from an upwardly revised 0.4% gain in August and just below market forecasts of a 0.3% increase. In September, average hourly earnings of private-sector production and nonsupervisory employees rose by 8 cents, or 0.3%, to $31.53. Over the past 12 months, average hourly earnings have increased by 3.8% in September, matching August's revised pace and slightly above analysts' estimates of 3.7%.
2025-11-20