Average hourly earnings for all employees on US private nonfarm payrolls, rose by 3.1% year-on-year in August 2026, the least since May 2021, after a 3.1% advance in July and coming just above analysts' forecasts of 3%. source: U.S. Bureau of Labor Statistics
Average Hourly Earnings YoY in the United States decreased to 3.10 percent in August from 3.20 percent in July of 2026. Average Hourly Earnings YoY in the United States averaged 3.15 percent from 2007 until 2026, reaching an all time high of 8.10 percent in April of 2020 and a record low of 0.60 percent in April of 2021. This page includes a chart with historical data for the United States Average Hourly Earnings YoY. United States Average Hourly Earnings YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
Average Hourly Earnings YoY in the United States decreased to 3.10 percent in August from 3.20 percent in July of 2026. Average Hourly Earnings YoY in the United States is expected to be 3.30 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 YoY is projected to trend around 3.10 percent in 2027, according to our econometric models.