Average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent over the month to USD 29.58 in November of 2020, after increasing 0.1% in October and above market expectations of a 0.1 percent gain. Year-on-year, average hourly earnings have increased by 4.4 percent, the same pace as in the prior month and slightly above market consensus of 4.3 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 24.87. source: U.S. Bureau of Labor Statistics

Average Hourly Earnings in the United States averaged 0.22 percent from 2006 until 2020, reaching an all time high of 4.70 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 December of 2020.

Average Hourly Earnings in the United States is expected to be 0.10 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 0.40 in 12 months time. In the long-term, the United States Average Hourly Earnings is projected to trend around 0.20 percent in 2021, according to our econometric models.

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United States Average Hourly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.10 4.70 -1.30 2006 - 2020 percent Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-06 01:30 PM Average Hourly Earnings YoY Oct 4.5% 4.6% 4.6% 4.6%
2020-11-06 01:30 PM Average Hourly Earnings MoM Oct 0.1% 0% 0.2% 0.1%
2020-12-04 01:30 PM Average Hourly Earnings YoY Nov 4.4% 4.4% 4.3% 4.5%
2020-12-04 01:30 PM Average Hourly Earnings MoM Nov 0.3% 0.1% 0.1% 0.1%
2021-01-08 01:30 PM Average Hourly Earnings MoM Dec 0.3% 0.1%
2021-02-05 01:30 PM Average Hourly Earnings MoM Jan
2021-03-05 01:30 PM Average Hourly Earnings MoM Feb
2021-04-02 12:30 PM Average Hourly Earnings MoM Mar
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
US Average Hourly Earnings Rise More than Expected
Average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent over the month to USD 29.58 in November of 2020, after increasing 0.1% in October and above market expectations of a 0.1 percent gain. Year-on-year, average hourly earnings have increased by 4.4 percent, the same pace as in the prior month and slightly above market consensus of 4.3 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 24.87.
2020-12-04
US Average Hourly Earnings Rise Less than Expected
Average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents, or 0.1 percent over the month to USD 29.50 in October of 2020, after showing no growth in September and below market expectations of a 0.2 percent gain. Year-on-year, average hourly earnings have increased by 4.5 percent, following a downwardly revised 4.6 percent in the prior month and slightly below market consensus of 4.6 percent. In October, average hourly earnings of private-sector production and nonsupervisory employees rose by 5 cents to USD 24.82. 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.
2020-11-06
US Wages Rise Less than Expected
Average hourly earnings for all employees on private nonfarm payrolls rose by 2 cents, or 0.1 percent over the month to USD 29.47 in September of 2020, following a downwardly revised 0.3 percent gain in August and below market expectations of a 0.2 percent gain. Year-on-year, average hourly earnings have increased by 4.7 percent, up from a downwardly revised 4.6 percent in the prior month but below market consensus of 4.8 percent. Average hourly earnings of private-sector production and nonsupervisory employees rose by 1 cent to USD 24.79. 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.
2020-10-02
US Average Hourly Earnings Unexpectedly Rise
Average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents, or 0.4 percent to USD 29.47 in August of 2020, beating market expectations of no growth. Average hourly earnings of private-sector production and nonsupervisory employees increased by 18 cents to USD 24.81, following a decrease of 10 cents in the prior month. 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.
2020-09-04

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.