Average hourly earnings for all employees on US private nonfarm payrolls rose by 12 cents, or 0.3%, over a month to $37.53 in May 2026, following a 0.2% increase in April, matching market forecasts. In May, average hourly earnings of private-sector production and nonsupervisory employees rose by 8 cents, or 0.2%, to $32.31. Over the year, average hourly earnings have increased by 3.4% in May, down from a 3.6% advance in the prior month, also in line with analysts' estimates. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States increased 0.30 percent in May 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 June of 2026.

Average Hourly Earnings in the United States increased 0.30 percent in May 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
2026-05-08 12:30 PM
Average Hourly Earnings MoM
Apr 0.2% 0.2% 0.3% 0.2%
2026-06-05 12:30 PM
Average Hourly Earnings MoM
May 0.3% 0.2% 0.3% 0.2%
2026-07-02 12:30 PM
Average Hourly Earnings MoM
Jun 0.3% 0.2%


Related Last Previous Unit Reference
Average Hourly Earnings MoM 0.30 0.20 percent May 2026
Average Hourly Earnings YoY 3.40 3.60 percent May 2026
Average Weekly Hours 34.30 34.30 Hours May 2026
Earnings Growth Expectations 2.70 2.70 percent May 2026
Employed Persons 162771.00 162622.00 Thousand May 2026
Employment Cost Index 0.90 0.70 percent Mar 2026
Employment Rate 59.20 59.10 percent May 2026
Full Time Employment 134173.00 134252.00 Thousand May 2026
Government Payrolls 52.00 2.00 Thousand May 2026
JOLTs Job Openings 7618.00 6887.00 Thousand Apr 2026
Job Openings 8176.00 6677.00 Thousand Apr 2026
Participation Rate 61.80 61.80 percent May 2026
Labour Costs 123.78 123.22 points Mar 2026
Long Term Unemployment Rate 1.17 1.08 percent May 2026
Manufacturing Payrolls 7.00 0.00 Thousand May 2026
Non Farm Payrolls 172.00 179.00 Thousand May 2026
Nonfarm Payrolls Private 120.00 177.00 Thousand May 2026
Part Time Employment 28679.00 28413.00 Thousand May 2026
Productivity 119.40 119.35 points Mar 2026
Real Average Hourly Earnings MoM -0.10 -0.50 percent May 2026
Real Average Hourly Earnings YoY -0.70 -0.30 percent May 2026
Unemployed Persons 7307.00 7373.00 Thousand May 2026
Unemployment Rate 4.30 4.30 percent May 2026
Wages 32.31 32.23 USD/Hour May 2026
Wages in Manufacturing 30.19 30.10 USD/Hour May 2026
Youth Unemployment Rate 9.40 9.50 percent May 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 Wage Growth Matches Estimates at 0.3%
Average hourly earnings for all employees on US private nonfarm payrolls rose by 12 cents, or 0.3%, over a month to $37.53 in May 2026, following a 0.2% increase in April, matching market forecasts. In May, average hourly earnings of private-sector production and nonsupervisory employees rose by 8 cents, or 0.2%, to $32.31. Over the year, average hourly earnings have increased by 3.4% in May, down from a 3.6% advance in the prior month, also in line with analysts' estimates.
2026-06-05
US Wage Growth Slightly Below Forecasts
Average hourly earnings for all employees on US private nonfarm payrolls rose by 6 cents, or 0.2%, over a month to $37.41 in April 2026, the same pace as in the prior month and slightly below estimates of a 0.3% increase. In April, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.3%, to $32.23. Over the year, average hourly earnings have increased by 3.6%, up from a downwardly revised 3.4% rise in March but below the expected 3.8% advance.
2026-05-08
US Wage Growth Slows in March
Average hourly earnings for all employees on US private nonfarm payrolls rose by 9 cents, or 0.2%, to $37.38 in March 2026, marking the smallest increase in three months. This followed 0.4% gains in both January and February and came in below market expectations of a 0.3% rise. Average hourly earnings of private-sector production and nonsupervisory employees edged up by 5 cents, or 0.2 percent, to $32.07. Year-on-year, average hourly earnings have increased by 3.5% in March, the least since May 2021, following a 3.8% rise in February and compared to forecasts of 3.7%.
2026-04-03