United States Average Hourly Earnings

Last Release

Jan 31, 2025

Actual

0.5

Units In

0.3

Frequency

Monthly

Next Release

Mar 07, 2025

Time to Release

25 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
4.6 Apr 2020	-1.3 Jun 2020	0.25 %	2006-2025	U.S. Bureau of Labor Statistics

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.

Latest Updates

Average hourly earnings for all employees on US private nonfarm payrolls rose by 17 cents, or 0.5% over a month, to $35.87 in January 2025, the most since August 2024, above market estimates of a 0.3% increase. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 16 cents, or 0.5%, to $30.84. Over the past 12 months, average hourly earnings have increased by 4.1% in January, matching a revised reading in the prior month and also exceeding market forecasts of a 3.8% advance.