Average hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3%, to $31.95 in May of 2022, the same pace as in the prior month and slightly below market expectations of a 0.4% gain. In May, average hourly earnings of private-sector production and nonsupervisory employees rose by 15 cents, or 0.6 percent, to $27.33. Over the past 12 months, average hourly earnings have increased by 5.2%, following a 5.5% rise in April and in line with market forecasts. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States averaged 0.24 percent from 2006 until 2022, reaching an all time high of 4.20 percent in April of 2020 and a record low of -1.20 percent in June 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 2022.

Average Hourly Earnings in the United States is expected to be 0.40 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 0.20 percent in 2023, according to our econometric models.

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United States Average Hourly Earnings MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-05-06 12:30 PM Apr 0.3% 0.5% 0.4% 0.5%
2022-06-03 12:30 PM May 0.3% 0.3% 0.4% 0.3%
2022-07-08 12:30 PM Jun 0.3% 0.3% 0.4%


Related Last Previous Unit Reference
Unemployment Rate 3.60 3.60 percent May 2022
Non Farm Payrolls 390.00 436.00 Thousand May 2022
Government Payrolls 57.00 31.00 Thousand May 2022
Nonfarm Payrolls Private 333.00 405.00 Thousand May 2022
Manufacturing Payrolls 18.00 61.00 Thousand May 2022
Unemployed Persons 5950.00 5941.00 Thousand May 2022
Employed Persons 158426.00 158105.00 Thousand May 2022
Average Hourly Earnings 0.30 0.30 percent May 2022
Average Weekly Hours 34.60 34.60 Hours May 2022
Labor Force Participation Rate 62.30 62.20 percent May 2022
Long Term Unemployment Rate 1.07 1.03 percent Feb 2022
Youth Unemployment Rate 7.80 7.90 percent May 2022
Labour Costs 127.95 124.20 points Mar 2022
Productivity 110.98 113.17 points Mar 2022
Job Vacancies 11981.00 11737.00 Thousand Apr 2022
Job Offers 11400.00 11855.00 Thousand Apr 2022
Wages 27.33 27.12 USD/Hour May 2022
Wages in Manufacturing 24.93 24.82 USD/Hour May 2022
Employment Cost Index 1.40 1.00 percent Mar 2022
Average Hourly Earnings YoY 5.20 5.50 percent May 2022
Employment Rate 60.10 60.00 percent May 2022
Part Time Employment 25766.00 26091.00 Thousand May 2022
Full Time Employment 132800.00 132067.00 Thousand May 2022

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 0.30 4.20 -1.20 2006 - 2022 percent Monthly
Current Prices, SA

News Stream
US Wage Growth Below Forecasts
Average hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3%, to $31.95 in May of 2022, the same pace as in the prior month and slightly below market expectations of a 0.4% gain. In May, average hourly earnings of private-sector production and nonsupervisory employees rose by 15 cents, or 0.6 percent, to $27.33. Over the past 12 months, average hourly earnings have increased by 5.2%, following a 5.5% rise in April and in line with market forecasts.
2022-06-03
US Wages Grow Less Than Expected
Average hourly earnings for all employees on private nonfarm payrolls in the US increased by 10 cents, or 0.3%, to $31.85 in April of 2022, after an upwardly revised 0.5% rise in March and below market expectations for a 0.4% increase. In April, the average hourly earnings of private sector production and nonsupervisory employees rose by 10 cents, or 0.4%, to $27.12. Over the past 12 months, average hourly earnings have increased by 5.5%, following a 5.6% increase in March.
2022-05-06
US Wages Grew Faster in March
Average hourly earnings for all employees on private nonfarm payrolls in the US increased by 13 cents, or 0.4% to $31.73 in March of 2022, after an upwardly revised 0.1% rise in February and in line with market forecasts. In March, the average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents to $27.06. Year-on-year, average hourly earnings have advanced by 5.6%, the most since May of 2020, and above market forecasts of a 5.5% gain.
2022-04-01