US Wages Growth Misses Forecasts

2026-08-07 12:34 By Luisa Carvalho 1 min. read

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.



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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
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