United States Average Hourly Earnings YoYUnited States Average Hourly Earnings YoYUnited States Average Hourly Earnings YoY

United States Average Hourly Earnings YoY

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
8.00% on Apr 30, 2020
Lowest
0.70% on Apr 30, 2021

About United States Average Hourly Earnings YoY


Category
Labor
Frequency
Monthly
Units
%
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.