US average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents or 0.4 percent month-over-month to $28.11 in August 2019, after increasing 0.3 percent in July and slightly above market expectations of a 0.3 percent gain. It was the largest rise in wages since February. Year-on-year, average hourly earnings dropped to 3.2 percent from 3.3 percent in the prior month. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents to $23.59. Average Hourly Earnings in the United States averaged 0.20 percent from 2006 until 2019, reaching an all time high of 0.60 percent in April of 2006 and a record low of -0.20 percent in August of 2011.
Average Hourly Earnings in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Average Hourly Earnings in the United States to stand at 0.30 in 12 months time. In the long-term, the United States Average Hourly Earnings is projected to trend around 0.20 percent in 2020, according to our econometric models.