US Average Hourly Earnings MoM (I:USAHEM)
Level Chart
Basic Info
|
US Average Hourly Earnings MoM is at 0.35%, compared to 0.17% last month and 0.48% last year. This is higher than the long term average of 0.25%. |
|
US Average Hourly Earnings MoM is the month over month percent change in average dollars that a private employee makes per hour in the US, where a positive value represents an increase in average hourly earnings from the previous period, and a negative value represents a decrease in average hourly earnings from the previous period. The metric, released alongside unemployment numbers, helps indicate tightness or softness in labor markets. |
| Report | Employment Situation |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 0.35% |
| Latest Period | Mar 2024 |
| Last Updated | Apr 5 2024, 08:34 EDT |
| Next Release | May 3 2024, 08:30 EDT |
| Long Term Average | 0.25% |
| Average Growth Rate | 31.22% |
| Value from Last Month | 0.17% |
| Change from Last Month | 99.60% |
| Value from 1 Year Ago | 0.48% |
| Change from 1 Year Ago | -28.09% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Upgrade |
| Notes | All private employees. |
Historical Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.35% |
| February 29, 2024 | 0.17% |
| January 31, 2024 | 0.50% |
| December 31, 2023 | 0.32% |
| November 30, 2023 | 0.38% |
| October 31, 2023 | 0.26% |
| September 30, 2023 | 0.29% |
| August 31, 2023 | 0.21% |
| July 31, 2023 | 0.42% |
| June 30, 2023 | 0.48% |
| May 31, 2023 | 0.30% |
| April 30, 2023 | 0.39% |
| March 31, 2023 | 0.48% |
| February 28, 2023 | 0.24% |
| January 31, 2023 | 0.39% |
| December 31, 2022 | 0.34% |
| November 30, 2022 | 0.40% |
| October 31, 2022 | 0.49% |
| September 30, 2022 | 0.31% |
| August 31, 2022 | 0.34% |
| July 31, 2022 | 0.40% |
| June 30, 2022 | 0.37% |
| May 31, 2022 | 0.41% |
| April 30, 2022 | 0.35% |
| March 31, 2022 | 0.60% |
| Date | Value |
|---|---|
| February 28, 2022 | 0.06% |
| January 31, 2022 | 0.67% |
| December 31, 2021 | 0.58% |
| November 30, 2021 | 0.32% |
| October 31, 2021 | 0.58% |
| September 30, 2021 | 0.58% |
| August 31, 2021 | 0.39% |
| July 31, 2021 | 0.43% |
| June 30, 2021 | 0.49% |
| May 31, 2021 | 0.60% |
| April 30, 2021 | 0.50% |
| March 31, 2021 | 0.00% |
| February 28, 2021 | 0.43% |
| January 31, 2021 | 0.00% |
| December 31, 2020 | 0.91% |
| November 30, 2020 | 0.41% |
| October 31, 2020 | 0.07% |
| September 30, 2020 | 0.10% |
| August 31, 2020 | 0.24% |
| July 31, 2020 | 0.17% |
| June 30, 2020 | -1.18% |
| May 31, 2020 | -1.00% |
| April 30, 2020 | 4.24% |
| March 31, 2020 | 0.81% |
| February 29, 2020 | 0.46% |
Basic Info
|
US Average Hourly Earnings MoM is at 0.35%, compared to 0.17% last month and 0.48% last year. This is higher than the long term average of 0.25%. |
|
US Average Hourly Earnings MoM is the month over month percent change in average dollars that a private employee makes per hour in the US, where a positive value represents an increase in average hourly earnings from the previous period, and a negative value represents a decrease in average hourly earnings from the previous period. The metric, released alongside unemployment numbers, helps indicate tightness or softness in labor markets. |
| Report | Employment Situation |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 0.35% |
| Latest Period | Mar 2024 |
| Last Updated | Apr 5 2024, 08:34 EDT |
| Next Release | May 3 2024, 08:30 EDT |
| Long Term Average | 0.25% |
| Average Growth Rate | 31.22% |
| Value from Last Month | 0.17% |
| Change from Last Month | 99.60% |
| Value from 1 Year Ago | 0.48% |
| Change from 1 Year Ago | -28.09% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Upgrade |
| Notes | All private employees. |
Related Indicators
| US Labor Markets |
| US Labor Force Participation Rate | 62.70% |
| US Nonfarm Payrolls MoM | 303.00K |
| US Real Average Hourly Earnings MoM | 0.00% |
| US Real Average Hourly Earnings YoY | 0.63% |
| US U-6 Unemployment Rate | 7.40% |
| US Unemployment Rate | 3.80% |