US Wages Rise Less than Expected

Average hourly earnings for all employees on US private nonfarm payrolls edged up by 5 cents, or 0.1% over a month to $37.81 in Setember 2026, after a 0.3% increase in August and below market forecasts of 0.3%. In September, average hourly earnings of private-sector production and nonsupervisory employees rose by 7 cents, or 0.2% to $32.60. Over the past 12 months, average hourly earnings have increased by 3% in September, the least since May 2021, following a 3.1% advance in August and also below the expected 3.2%.

Average hourly earnings for all employees on US private nonfarm payrolls, rose by 10 cents, or 0.3% over a month to $37.75 in August 2026, following an upwardly revised 0.2% gain in July and matching market forecasts. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.3%, to $32.53. Over the year, average hourly earnings have increased by 3.1% in August, the least since May 2021, after a 3.2% advance in July and coming just above analysts' forecasts of 3%.

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.