Real average hourly earnings for all US employees were unchanged from November to December 2025, due to a 0.3% increase in nominal hourly pay and a 0.3% rise in the Consumer Price Index for All Urban Consumers. Figures for October and November were unavailable due to last fall’s federal government shutdown. source: U.S. Bureau of Labor Statistics

Real Average Hourly Earnings MoM in the United States averaged 0.05 percent from 2006 until 2025, reaching an all time high of 5.30 percent in April of 2020 and a record low of -1.60 percent in June of 2020. United States Real Average Hourly Earnings MoM - values, historical data and charts - was last updated on February of 2026.

Related	Last	Previous	Unit	Reference
Average Hourly Earnings MoM	0.30	0.20	percent	Dec 2025
Average Hourly Earnings YoY	3.80	3.60	percent	Dec 2025
CPI s.a	326.03	325.03	points	Dec 2025
Inflation Rate YoY	2.70	2.70	percent	Dec 2025
Non Farm Payrolls	50.00	56.00	Thousand	Dec 2025
Real Average Hourly Earnings YoY	1.10	0.90	percent	Dec 2025
Unemployment Rate	4.40	4.50	percent	Dec 2025

United States Real Average Hourly Earnings MoM

US Real Average Hourly Earnings measure the inflation-adjusted hourly pay of workers, calculated by taking average hourly earnings from the Bureau of Labor Statistics’ Current Employment Statistics (CES) survey and converting them into constant dollars. The adjustment for inflation is done using the Consumer Price Index for All Urban Consumers (CPI-U), produced by the Consumer Price Indexes Program. This deflation process shows how workers’ earnings change in terms of actual purchasing power rather than just nominal dollar amounts.