Average hourly earnings for all employees on US private nonfarm payrolls went up by 21 cents, or 0.7 percent over the month to $31.17 in April of 2021, after a 0.1 percent decrease in March and compared with market expectations of a flat reading. Average hourly earnings for private-sector production and nonsupervisory employees rose by 20 cents to $25.45. Year-on-year, average hourly earnings have increased by 0.3 percent, following a 4.2 percent rise and against market consensus of a 0.4 percent drop. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States averaged 0.22 percent from 2006 until 2021, reaching an all time high of 4.60 percent in April of 2020 and a record low of -1.30 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Average Hourly Earnings in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Average Hourly Earnings in the United States to stand at 0.20 in 12 months time. In the long-term, the United States Average Hourly Earnings is projected to trend around 0.20 percent in 2022, according to our econometric models.

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United States Average Hourly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
0.70 -0.10 4.60 -1.30 2006 - 2021 percent Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-02 12:30 PM Average Hourly Earnings YoY Mar 4.2% 5.2% 4.5% 4.7%
2021-04-02 12:30 PM Average Hourly Earnings MoM Mar -0.1% 0.3% 0.1% 0.2%
2021-05-07 12:30 PM Average Hourly Earnings YoY Apr 0.3% 4.2% -0.4% -0.2%
2021-05-07 12:30 PM Average Hourly Earnings MoM Apr 0.7% -0.1% 0% 0.1%
2021-06-04 12:30 PM Average Hourly Earnings MoM May 0.7%
2021-07-02 12:30 PM Average Hourly Earnings MoM Jun
2021-08-06 12:30 PM Average Hourly Earnings MoM Jul
2021-09-03 12:30 PM Average Hourly Earnings MoM Aug


News Stream
US Average Hourly Earnings Unexpectedly Rise
Average hourly earnings for all employees on US private nonfarm payrolls went up by 21 cents, or 0.7 percent over the month to $31.17 in April of 2021, after a 0.1 percent decrease in March and compared with market expectations of a flat reading. Average hourly earnings for private-sector production and nonsupervisory employees rose by 20 cents to $25.45. Year-on-year, average hourly earnings have increased by 0.3 percent, following a 4.2 percent rise and against market consensus of a 0.4 percent drop.
2021-05-07
US Average Hourly Earnings Drop 0.1% MoM in March
Average hourly earnings for all employees on US private nonfarm payrolls went down by 4 cents, or 0.1 percent over the month to $29.96 in March of 2021, after an upwardly revised 0.3 percent increase in February and against market expectations of a 0.1 percent gain. It was the first decrease in average hourly earnings since June last year. Average hourly earnings for private-sector production and nonsupervisory employees, at $25.21, changed little (+2 cents). The large employment fluctuations over the past year, especially in industries with lower-paid workers, complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4.2 percent, following a downwardly revised 5.2 percent rise and below market consensus of a 4.5 percent gain.
2021-04-02
US Average Hourly Earnings Rise 0.2% MoM in February
Average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents, or 0.2 percent over the month to $30.01 in February of 2021, after a downwardly revised 0.1 percent increase in January and matching market expectations. Average hourly earnings for private-sector production and nonsupervisory employees, at $25.19, changed little (+4 cents). The large employment fluctuations over the past year, especially in industries with lower-paid workers complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 5.3 percent, the same pace as in the prior month and in line with market expectations consensus.
2021-03-05
US Average Hourly Earnings Rise Less than Expected
Average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents, or 0.2 percent over the month to USD 29.96 in January of 2021, after an upwardly revised 1 percent increase in December and below market expectations of a 0.3 percent gain. Average hourly earnings of private-sector production and nonsupervisory employees were little changed at USD 25.18. The large employment fluctuations over the past several months, especially in industries with lower-paid workers, complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 5.4 percent, the same pace as in the prior month and above market expectations of 5.1 percent.
2021-02-05

United States Average Hourly Earnings
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.