Average Hourly Earnings

Updated Apr 1, 2026, 12:00 AM UTC

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

💵
Current Hourly Earnings
$37.41
YoY Change
+3.57%
All-Time High
$37.41
As of
2026-04-01

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 2026-04-01.