Average Hourly Earnings

Updated Jun 1, 2026, 12:00 AM UTC

Average hourly earnings of all employees, total private. FRED series CES0500000003. Updated monthly.

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Current Hourly Earnings

$37.64

YoY Change

+3.52%

All-Time High

$37.64

As of

2026-06-01

Average Hourly Earnings Over Time

📖 About This Data

Average Hourly Earnings (CES0500000003): Average hourly earnings of all employees on private nonfarm payrolls. This measures wage growth across the private sector.

Source: U.S. Bureau of Labor Statistics via FRED. Updated monthly. As of 2026-06-01.