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Average hourly earnings

Average pay per hour for private-sector workers. The yearly change is wage growth. Learn more.

3.1%
Change from a year earlier
37.75
Latest, Aug 1, 2026 (dollars per hour)
+0.10
Change from Jul 1, 2026
Mar 1, 2006Range 20.04 to 37.75Aug 1, 2026

Recent readings

Full history on FRED
DateValueChange
Aug 1, 202637.75+0.10
Jul 1, 202637.65+0.06
Jun 1, 202637.59+0.10
May 1, 202637.49+0.08
Apr 1, 202637.41+0.06
Mar 1, 202637.35+0.08
Feb 1, 202637.27+0.12
Jan 1, 202637.15+0.13
Dec 1, 202537.02+0.02
Nov 1, 202537.00+0.15
Oct 1, 202536.85+0.15
Sep 1, 202536.70+0.08

More in jobs

All economic data
Unemployment rateNonfarm payrollsInitial jobless claimsJob openingsLabor force participation

Source: FRED, Federal Reserve Bank of St. Louis. Series CES0500000003.