Average hourly earnings for all employees on US private nonfarm payrolls, rose by 10 cents, or 0.3% over a month to $37.75 in August 2026, following an upwardly revised 0.2% gain in July and matching market forecasts. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.3%, to $32.53. Over the year, average hourly earnings have increased by 3.1% in August, the least since May 2021, after a 3.2% advance in July and coming just above analysts' forecasts of 3%. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States increased 0.30 percent in August of 2026 over the previous month. Average Hourly Earnings in the United States averaged 0.26 percent from 2006 until 2026, reaching an all time high of 4.60 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 September of 2026.

Average Hourly Earnings in the United States increased 0.30 percent in August of 2026 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
2026-08-07 12:30 PM
Average Hourly Earnings MoM
Jul 0.1% 0.3% 0.3% 0.3%
2026-09-04 12:30 PM
Average Hourly Earnings MoM
Aug 0.3% 0.2% 0.3% 0.2%
2026-10-02 12:30 PM
Average Hourly Earnings MoM
Sep 0.3% 0.2%


Related Last Previous Unit Reference
Average Hourly Earnings MoM 0.30 0.20 percent Aug 2026
Average Hourly Earnings YoY 3.10 3.20 percent Aug 2026
Average Weekly Hours 34.40 34.30 Hours Aug 2026
Earnings Growth Expectations 2.90 2.80 percent Aug 2026
Employed Persons 162746.00 162177.00 Thousand Aug 2026
Employment Cost Index 0.90 0.90 percent Jun 2026
Employment Rate 59.10 58.90 percent Aug 2026
Full Time Employment 134288.00 133553.00 Thousand Aug 2026
Government Payrolls 35.00 -50.00 Thousand Aug 2026
JOLTs Job Openings 7271.00 7182.00 Thousand Jul 2026
Job Openings 7738.00 6948.00 Thousand Jul 2026
Participation Rate 61.60 61.40 percent Aug 2026
Labour Costs 123.98 123.62 points Jun 2026
Long Term Unemployment Rate 1.14 1.05 percent Aug 2026
Manufacturing Payrolls 16.00 14.00 Thousand Aug 2026
Non Farm Payrolls 162.00 21.00 Thousand Aug 2026
Nonfarm Payrolls Private 127.00 71.00 Thousand Aug 2026
Part Time Employment 28541.00 28764.00 Thousand Aug 2026
Productivity 120.02 119.59 points Jun 2026
Real Average Hourly Earnings MoM -0.10 0.10 percent Aug 2026
Real Average Hourly Earnings YoY -0.30 -0.10 percent Aug 2026
Unemployed Persons 7031.00 6916.00 Thousand Aug 2026
Unemployment Rate 4.10 4.10 percent Aug 2026
Wages 32.53 32.42 USD/Hour Aug 2026
Wages in Manufacturing 30.37 30.33 USD/Hour Aug 2026
Youth Unemployment Rate 9.10 8.50 percent Aug 2026


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 4.60 -1.10 2006 - 2026 percent Monthly
Current Prices, SA

News Stream
US Wages Growth Matches Forecasts at 0.3%
Average hourly earnings for all employees on US private nonfarm payrolls, rose by 10 cents, or 0.3% over a month to $37.75 in August 2026, following an upwardly revised 0.2% gain in July and matching market forecasts. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.3%, to $32.53. Over the year, average hourly earnings have increased by 3.1% in August, the least since May 2021, after a 3.2% advance in July and coming just above analysts' forecasts of 3%.
2026-09-04
US Wages Growth Misses Forecasts
Average hourly earnings for all employees on US private nonfarm payrolls, rose by just 2 cents, or 0.1% over a month to $37.62 in July 2026, down from a 0.3% increase in June and missing the expected 0.3% advance. In July, average hourly earnings of private-sector production and nonsupervisory employees, at $32.40, were little changed (+4 cents). Over the year, average hourly earnings have increased by 3.2%, following a downwardly revised 3.4% rise in June and missing analysts' estimates of a 3.4% increase.
2026-08-07
US Wage Growth Steady at 0.3% as Forecast
Average hourly earnings for all employees on US private nonfarm payrolls rose by 13 cents, or 0.3%, over a month to $37.64 in June 2026, the same pace as in May and matching market forecasts. In June, average hourly earnings of private-sector production and nonsupervisory employees rose by 7 cents, or 0.2%, to $32.38. Over the year, average hourly earnings have increased by 3.5%, following a 3.4% rise in May and also in line with market estimates.
2026-07-02