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* In December, average hourly earnings for all employees on private nonfarm payrolls rose by 15 cents, or 0.4 percent, to $34.27. | * In December, average hourly earnings for all employees on private nonfarm payrolls rose by 15 cents, or 0.4 percent, to $34.27. | ||
* In December, average hourly earnings ofprivate-sector production and nonsupervisory employees rose by 10 cents, or 0.3 percent, to $29.42. | * In December, average hourly earnings ofprivate-sector production and nonsupervisory employees rose by 10 cents, or 0.3 percent, to $29.42. | ||
=== January 2024 === | |||
Over the past 12 months, average hourly earnings have increased by 4.5 percent. <ref name=":0" /> | |||
* In January, average hourly earnings for all employees on private nonfarm payrolls rose by 19 cents, or 0.6 percent, to $34.55. | |||
* In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 13 cents, or 0.4 percent, to $29.66. | |||
== Employment compensation index == | == Employment compensation index == | ||