Average hourly earnings for all employees on US private nonfarm payrolls rose by 19 cents, or 0.6% to $30.85 in September of 2021, following increases in the prior 5 months and above market estimates of 0.4%. In September, average hourly earnings of private-sector production and nonsupervisory employees rose by 14 cents to $26.15. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages. However, because average hourly earnings vary widely across industries, the large employment fluctuations since February 2020 complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4.6%, in line with market forecasts, following a downwardly revised 4% rise in August. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States averaged 0.23 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 October of 2021.

Average Hourly Earnings in the United States is expected to be 0.20 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 is projected to trend around 0.20 percent in 2022, according to our econometric models.

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United States Average Hourly Earnings


Calendar GMT Actual Previous Consensus TEForecast
2021-10-08 12:30 PM Average Hourly Earnings YoY Sep 4.6% 4% 4.6% 4.7%
2021-10-08 12:30 PM Average Hourly Earnings MoM Sep 0.6% 0.4% 0.4% 0.5%
2021-11-05 12:30 PM Average Hourly Earnings MoM Oct 0.6% 0.4%


News Stream
US Wages Growth Above Estimates
Average hourly earnings for all employees on US private nonfarm payrolls rose by 19 cents, or 0.6% to $30.85 in September of 2021, following increases in the prior 5 months and above market estimates of 0.4%. In September, average hourly earnings of private-sector production and nonsupervisory employees rose by 14 cents to $26.15. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages. However, because average hourly earnings vary widely across industries, the large employment fluctuations since February 2020 complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4.6%, in line with market forecasts, following a downwardly revised 4% rise in August.
2021-10-08
US Wages Growth Tops Estimates
Average hourly earnings for all employees on US private nonfarm payrolls rose by 17 cents, or 0.6% to $30.73 in August of 2021, following increases in the prior 4 months and above market estimates of 0.3%. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 14 cents to $25.99. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages. However, because average hourly earnings vary widely across industries, the large employment fluctuations since February 2020 complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4.3%, above market expectations of 4%.
2021-09-03
US Wages Growth Above Estimates
Average hourly earnings for all employees on US private nonfarm payrolls increased by 11 cents to $30.54 in July of 2021, following increases in the prior 3 months. Average hourly earnings for private-sector production and nonsupervisory employees also rose by 11 cents in July to $25.83. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages. However, because average hourly earnings vary widely across industries, the large employment fluctuations since February 2020 complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4 percent, above market expectations of 3.8 percent.
2021-08-06

United States Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.80 percent Sep/21 5.20 14.80 2.50
Non Farm Payrolls 194.00 Thousand Sep/21 366.00 4846.00 -20679.00
Nonfarm Payrolls Private 317.00 Thousand Sep/21 332.00 4807.00 -19731.00
Government Payrolls -123.00 Thousand Sep/21 34.00 517.00 -948.00
Manufacturing Payrolls 26.00 Thousand Sep/21 31.00 655.00 -1715.00
Employed Persons 153680.00 Thousand Sep/21 153154.00 158735.00 57172.00
Unemployed Persons 7674.00 Thousand Sep/21 8384.00 23109.00 1596.00
Average Hourly Earnings 0.60 percent Sep/21 0.40 4.60 -1.30
Average Weekly Hours 34.80 Hours Sep/21 34.60 35.00 33.70
Labor Force Participation Rate 61.60 percent Sep/21 61.70 67.30 58.10
Long Term Unemployment Rate 1.66 percent Sep/21 1.97 4.40 0.08
Youth Unemployment Rate 9.00 percent Sep/21 9.90 27.40 4.80
Labour Costs 118.60 points Jun/21 118.23 119.07 17.01
Productivity 112.70 points Jun/21 112.10 112.70 25.97
Job Vacancies 10679.00 Thousand Aug/21 11901.00 11901.00 2157.00
Job Offers 10439.00 Thousand Aug/21 11098.00 11098.00 2232.00
Wages 26.15 USD/Hour Sep/21 26.01 26.15 2.50
Wages in Manufacturing 24.24 USD/Hour Sep/21 23.96 24.24 1.27
Employment Cost Index 0.70 percent Jun/21 0.90 2.00 0.20
Part Time Employment 25747.00 Thousand Sep/21 25783.00 28134.00 10086.00
Employment Rate 58.70 percent Sep/21 58.50 64.70 51.30
Full Time Employment 128027.00 Thousand Sep/21 127436.00 131755.00 64640.00


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.