Average Hourly Earnings of All Employees, Total Private
Average pay per hour for private-sector workers, from the BLS establishment survey.
0.13%month-on-month2026-09-01 · level $37.81
Dollars per hour, seasonally adjusted → month-on-month
Why it matters
The wage-inflation line of the jobs report; fast wage growth keeps services inflation sticky.
Release schedule: Monthly with the Employment Situation report (BLS)
Recent readings
| Period | month-on-month | Change |
|---|---|---|
| 2026-09-01 | 0.13% | -0.19 |
| 2026-08-01 | 0.32% | +0.19 |
| 2026-07-01 | 0.13% | -0.13 |
| 2026-06-01 | 0.27% | +0.05 |
| 2026-05-01 | 0.21% | +0.05 |
| 2026-04-01 | 0.16% | -0.05 |
| 2026-03-01 | 0.21% | -0.11 |
| 2026-02-01 | 0.32% | -0.03 |
| 2026-01-01 | 0.35% | +0.30 |
| 2025-12-01 | 0.05% | -0.35 |
| 2025-11-01 | 0.41% | -0.00 |
| 2025-10-01 | 0.41% | — |
Source: FRED, Federal Reserve Bank of St. Louis; original data from the agency named in the description. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.