Average hourly earnings for all employees on private nonfarm payrolls in the US rose by 15 cents, or 0.5%, to $32.27 in July of 2022, following an upwardly revised 0.4% gain in the prior month and above market estimates of a 0.3% increase. In July, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.4 percent, to $27.57. Over the past 12 months, average hourly earnings have increased by 5.2%, the same pace as in June and above market forecasts of a 4.9% rise. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States averaged 0.24 percent from 2006 until 2022, reaching an all time high of 4.20 percent in April of 2020 and a record low of -1.20 percent in June 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 August of 2022.

Average Hourly Earnings in the United States is expected to be 0.40 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 0.20 percent in 2023, according to our econometric models.

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United States Average Hourly Earnings MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-07-08 12:30 PM Jun 0.3% 0.4% 0.3% 0.4%
2022-08-05 12:30 PM Jul 0.5% 0.4% 0.3% 0.3%
2022-09-02 12:30 PM Aug 0.5%


Related Last Previous Unit Reference
Unemployment Rate 3.50 3.60 percent Jul 2022
Non Farm Payrolls 528.00 398.00 Thousand Jul 2022
Government Payrolls 57.00 -6.00 Thousand Jul 2022
Nonfarm Payrolls Private 471.00 404.00 Thousand Jul 2022
Manufacturing Payrolls 30.00 27.00 Thousand Jul 2022
Unemployed Persons 5670.00 5912.00 Thousand Jul 2022
Employed Persons 158290.00 158111.00 Thousand Jul 2022
Average Hourly Earnings 0.50 0.40 percent Jul 2022
Average Weekly Hours 34.60 34.60 Hours Jul 2022
Labor Force Participation Rate 62.10 62.20 percent Jul 2022
Long Term Unemployment Rate 1.07 1.03 percent Feb 2022
Youth Unemployment Rate 8.10 7.80 percent Jun 2022
Productivity 109.70 111.01 points Jun 2022
Labour Costs 131.31 127.98 points Jun 2022
Job Vacancies 10591.00 11245.00 Thousand Jun 2022
Job Offers 10698.00 11303.00 Thousand Jun 2022
Wages 27.57 27.45 USD/Hour Jul 2022
Wages in Manufacturing 25.07 24.94 USD/Hour Jul 2022
Employment Cost Index 1.30 1.40 percent Jun 2022
Average Hourly Earnings YoY 5.20 5.20 percent Jul 2022
Employment Rate 60.00 59.90 percent Jul 2022
Part Time Employment 25824.00 25440.00 Thousand Jul 2022
Full Time Employment 132577.00 132648.00 Thousand Jul 2022

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
0.50 0.40 4.20 -1.20 2006 - 2022 percent Monthly
Current Prices, SA

News Stream
US Wages Rise More than Expected
Average hourly earnings for all employees on private nonfarm payrolls in the US rose by 15 cents, or 0.5%, to $32.27 in July of 2022, following an upwardly revised 0.4% gain in the prior month and above market estimates of a 0.3% increase. In July, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.4 percent, to $27.57. Over the past 12 months, average hourly earnings have increased by 5.2%, the same pace as in June and above market forecasts of a 4.9% rise.
2022-08-05
US Wage Growth Eases in June
Average hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3%, to $32.08 in June of 2022, following an upwardly revised 0.4% gain in the prior month and matching market estimates. In June, average hourly earnings of private-sector production and nonsupervisory employees rose by 13 cents, or 0.5%, to $27.45. Over the past 12 months, average hourly earnings have increased by 5.1%, following an upwardly revised 5.3% rise and slightly above market forecasts of a 5% gain.
2022-07-08
US Wage Growth Below Forecasts
Average hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3%, to $31.95 in May of 2022, the same pace as in the prior month and slightly below market expectations of a 0.4% gain. In May, average hourly earnings of private-sector production and nonsupervisory employees rose by 15 cents, or 0.6 percent, to $27.33. Over the past 12 months, average hourly earnings have increased by 5.2%, following a 5.5% rise in April and in line with market forecasts.
2022-06-03