Average Hourly Earnings

Indicator History

History of Event Dates
Event Date Time For
Period		 Currency Actual Forecast
What is this indicator?

The Average Hourly Earnings report is a monthly economic indicator released by the U.S. Department of Labor's Bureau of Labor Statistics (BLS). It measures the average hourly wage paid to workers in the private sector, excluding government employees, and is an important measure of changes in worker compensation over time.


Why is it important?

The Average Hourly Earnings report is important because it can provide insights into the health of the labor market and the broader economy. Rising average hourly earnings can indicate that businesses are competing for workers, which may signal a tight labor market and potential inflationary pressures. Conversely, stagnant or declining average hourly earnings may suggest that businesses are not experiencing significant growth or are facing increased competition in the marketplace. The report is also closely watched by policymakers, economists, and investors as it can inform decisions on monetary policy, investment strategies, and labor market trends. Changes in the Average Hourly Earnings report can have an impact on financial markets, as investors may adjust their expectations for interest rates, inflation, and corporate earnings based on the data.

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