🇺🇸

United States Average Hourly Earnings

Price

Price
0.2 %
Change +/-
+0 %
Percentage Change
+null %

The current value of the Average Hourly Earnings in United States is 0.2 %. The Average Hourly Earnings in United States decreased to 0.2 % on 4/1/2026, after it was 0.2 % on 3/1/2026. From 4/1/2006 to 4/1/2026, the average GDP in United States was 0.26 %. The all-time high was reached on 4/1/2020 with 4.6 %, while the lowest value was recorded on 5/1/2020 with -1.1 %.

Source: U.S. Bureau of Labor Statistics

macro_seo_summary_intro macro_seo_summary_downmacro_seo_summary_avgmacro_seo_summary_highmacro_seo_summary_low

Average Hourly Earnings

Average Hourly Earnings

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Average Hourly Earnings
Date
Average Hourly Earnings
Apr 1, 2006
0.6 %
Jun 1, 2006
0.4 %
Jul 1, 2006
0.3 %
Aug 1, 2006
0.1 %
Sep 1, 2006
0.4 %
Oct 1, 2006
0.1 %
Nov 1, 2006
0.3 %
Dec 1, 2006
0.4 %
Feb 1, 2007
0.4 %
Mar 1, 2007
0.2 %
Apr 1, 2007
0.3 %
May 1, 2007
0.2 %
Jun 1, 2007
0.5 %
Aug 1, 2007
0.3 %
Sep 1, 2007
0.2 %
Access this data via the Eulerpool API

Average Hourly Earnings History

Average Hourly Earnings — History
DateValue
0.2 %
0.2 %
0.3 %
0.4 %
0.1 %
0.4 %
0.4 %
0.2 %
0.4 %
0.3 %
...

Similar Macro Indicators to Average Hourly Earnings

🇺🇸

ADP Employment Change

Monthly

Current
109,000
Previous
61,000
🇺🇸

Announcements of Hiring Plans

Monthly

Current
10,049 Persons
Previous
32,826 Persons
🇺🇸

Average Hourly Earnings YoY

Monthly

Current
3.6 %
Previous
3.4 %
🇺🇸

Average Weekly Hours

Monthly

Current
34.3 Hours
Previous
34.2 Hours
🇺🇸

Cancellation rate

Monthly

Current
2 %
Previous
1.9 %
🇺🇸

Challenger Job Cuts

Monthly

Current
83,387 Persons
Previous
60,620 Persons
🇺🇸

Continued Jobless Claims

frequency_weekly

Current
1.786 M
Previous
1.771 M
🇺🇸

Employed persons

Monthly

Current
162.622 M
Previous
162.848 M
🇺🇸

Employment Cost Index

Quarter

Current
0.9 %
Previous
0.7 %
🇺🇸

Employment Cost Index Benefits

Quarter

Current
1.2 %
Previous
0.8 %
🇺🇸

Employment Cost Index Wages

Quarter

Current
0.8 %
Previous
0.7 %
🇺🇸

Employment rate

Monthly

Current
59.1 %
Previous
59.2 %
🇺🇸

Full-time employment

Monthly

Current
134.252 M
Previous
134.676 M
🇺🇸

Initial Jobless Claims

frequency_weekly

Current
215,000
Previous
210,000
🇺🇸

Job Opportunities

Monthly

Current
6.866 M
Previous
6.922 M
🇺🇸

Job Opportunities

Monthly

Current
6.685 M
Previous
6.679 M
🇺🇸

Job resignations

Monthly

Current
3.171 M
Previous
3.046 M
🇺🇸

Labor costs

Quarter

Current
122.553 points
Previous
121.721 points
🇺🇸

Labor force participation rate

Monthly

Current
61.8 %
Previous
61.9 %
🇺🇸

Layoffs and Terminations

Monthly

Current
1.867 M
Previous
1.714 M
🇺🇸

Long-term unemployment rate

Monthly

Current
1.08 %
Previous
1.07 %
🇺🇸

Manufacturing wages

Monthly

Current
-2,000
Previous
15,000
🇺🇸

Minimum Wages

Annually

Current
7.25 USD/Hour
Previous
7.25 USD/Hour
🇺🇸

Non-Agricultural Productivity QoQ

Quarter

Current
0.8 %
Previous
1.6 %
🇺🇸

Non-farm Payrolls

Monthly

Current
115,000
Previous
185,000
🇺🇸

Nonfarm Private Employment

Monthly

Current
123,000
Previous
190,000
🇺🇸

Part-time work

Monthly

Current
28.413 M
Previous
28.29 M
🇺🇸

Population

Annually

Current
342.28 M
Previous
340.97 M
🇺🇸

Productivity

Quarter

Current
119.576 points
Previous
119.35 points
🇺🇸

Retirement Age Men

Annually

Current
67 Years
Previous
66.83 Years
🇺🇸

Retirement Age Women

Annually

Current
67 Years
Previous
66.83 Years
🇺🇸

State payroll accounting

Monthly

Current
-8,000
Previous
-5,000
🇺🇸

U6 Unemployment Rate

Monthly

Current
8.2 %
Previous
8 %
🇺🇸

Unemployed Persons

Monthly

Current
7.373 M
Previous
7.239 M
🇺🇸

Unemployment Claims 4-Week Average

frequency_weekly

Current
209,000
Previous
202,750
🇺🇸

Unemployment Rate

Monthly

Current
4.3 %
Previous
4.3 %
🇺🇸

Unit Labor Costs QoQ

Quarter

Current
2.3 %
Previous
4.6 %
🇺🇸

Wage Growth

Monthly

Current
3.53 %
Previous
3.28 %
🇺🇸

Wages

Monthly

Current
32.23 USD/Hour
Previous
32.12 USD/Hour
🇺🇸

Wages in Manufacturing

Monthly

Current
30.1 USD/Hour
Previous
29.97 USD/Hour
🇺🇸

Youth Unemployment Rate

Monthly

Current
9.5 %
Previous
8.5 %

Average Hourly Earnings

In the United States, Average Hourly Earnings represent the average income employees receive per hour within a specific month. The Federal Reserve considers these earnings when determining whether to adjust interest rates.

What is Average Hourly Earnings?

Average Hourly Earnings is a pivotal metric in the landscape of macroeconomic indicators. At Eulerpool, we prioritize providing comprehensive and precise data to our users, and Average Hourly Earnings plays an integral role in understanding the broader economic scenario. This metric captures the average earnings per hour paid to employees, excluding those in managerial and professional occupations, reflecting the health and trends within the labor market. Average Hourly Earnings is a fundamental indicator of wage inflation and is closely monitored by economists, policymakers, and investors as it gives insight into the purchasing power of consumers. Increases in average hourly earnings often suggest that employees are receiving higher wages, which can lead to more spending and drive economic growth. Conversely, stagnant or falling earnings can indicate economic troubles, reduced consumer spending, and may signal potential deflationary pressures. From a policy perspective, central banks, such as the Federal Reserve, are especially attuned to changes in Average Hourly Earnings when making decisions regarding interest rates. Wage growth can trigger inflationary pressures, prompting central banks to raise interest rates to cool down an overheated economy. On the other hand, slow wage growth might lead to lower interest rates in an attempt to stimulate economic activity. For investors, Average Hourly Earnings provide critical insights into corporate profitability and stock market performance. Higher wages can lead to increased consumer spending, benefiting companies that sell consumer goods and services. However, they can also result in increased costs for companies, squeezing profit margins and potentially impacting stock valuations. This dual effect makes the metric a key consideration for investment decisions and portfolio management. Businesses use Average Hourly Earnings data to make strategic decisions regarding hiring, wage increases, and cost management. Understanding wage trends helps companies align their compensation strategies with industry standards and economic conditions, ensuring they remain competitive in attracting and retaining talent while managing labor costs effectively. Moreover, Average Hourly Earnings is essential for economic forecasting and planning. Governments use this data to predict tax revenues, plan social security benefits, and design fiscal policies. It also helps in understanding income distribution and economic disparities, guiding policies aimed at income equality and poverty alleviation. The calculation of Average Hourly Earnings involves aggregating total earnings of all employees and dividing by the total number of hours worked. This method ensures a comprehensive reflection of wage trends across different sectors and occupations, providing a clear picture of the labor market dynamics. Data is typically collected through surveys conducted by national statistical agencies, ensuring accuracy and reliability. At Eulerpool, we focus on presenting Average Hourly Earnings data in a user-friendly and accessible manner. Our platform provides detailed charts and graphs, historical data, and trend analysis, enabling users to delve deep into the intricacies of wage trends. We also offer comparison tools to analyze how Average Hourly Earnings vary across different regions, industries, and time periods, offering valuable insights for informed decision-making. Understanding the implications of changes in Average Hourly Earnings requires recognizing the broader economic context. For instance, an increase in wages might be a positive sign of economic recovery and robust labor demand. However, if wage growth outpaces productivity gains, it could lead to inflationary pressures, eroding purchasing power. Therefore, Average Hourly Earnings must be interpreted alongside other economic indicators such as productivity levels, employment rates, and inflation. The relationship between Average Hourly Earnings and other macroeconomic indicators is complex and multifaceted. For example, while higher wages can boost consumer spending, they may also lead to increased production costs for businesses. In sectors where labor costs constitute a significant portion of total expenses, rising wages can result in higher prices for goods and services, contributing to inflation. This nuanced interplay highlights the importance of a holistic approach in economic analysis. For the labor market, Average Hourly Earnings reflect the balance between labor supply and demand. Tight labor markets, where demand for workers exceeds supply, typically result in higher wages as employers compete for limited talent. Conversely, in periods of high unemployment, wage growth tends to stagnate or even decline. Monitoring these trends helps in understanding the dynamics of labor market equilibrium and the broader economic environment. In conclusion, Average Hourly Earnings is a critical macroeconomic indicator that offers valuable insights into wage trends, consumer spending, inflation, and overall economic health. At Eulerpool, we emphasize the importance of accurate and comprehensive data presentation, enabling users to make informed decisions based on reliable economic indicators. Whether you are an economist, policymaker, investor, business leader, or researcher, understanding Average Hourly Earnings empowers you to navigate the complexities of the economic landscape effectively. Our commitment is to provide you with the most relevant and precise data, ensuring you stay ahead in the ever-evolving world of macroeconomics.

Average Hourly Earnings United States — FAQ

What is the current Average Hourly Earnings in United States?

The current Average Hourly Earnings in United States is 0.2% as of 4/1/2026.

How has the Average Hourly Earnings in United States changed recently?

The Average Hourly Earnings in United States decreased from 0.2% (3/1/2026) to 0.2% (4/1/2026).

What is the all-time high for Average Hourly Earnings in United States?

The all-time high for Average Hourly Earnings in United States was 4.6%, recorded on 4/1/2020.

What is the all-time low for Average Hourly Earnings in United States?

The all-time low for Average Hourly Earnings in United States was -1.1%, recorded on 5/1/2020.

What is the historical average of Average Hourly Earnings in United States?

The historical average of Average Hourly Earnings in United States is 0.26%, calculated over the period from 4/1/2006 to 4/1/2026.

Where does the Average Hourly Earnings data for United States come from?

The Average Hourly Earnings data for United States is sourced from U.S. Bureau of Labor Statistics and published on Eulerpool.