Wages: Difference between revisions

770 bytes added ,  4 September 2023
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== Average Hourly Earnings ==
== Average Hourly Earnings ==
[[File:Screenshot 2023-09-04 095748.png|center|thumb|917x917px|https://fred.stlouisfed.org/series/CES0500000003]]
{| class="wikitable"
{| class="wikitable"
!Release  Date
!Release  Date
!Level
!M/M
!M/M
!Y/Y
!M/M Forecast
!M/M Forecast
!Y/Y Actual
!Y/Y Forecast
!Y/Y Forecast
|-
|-
|July-23
|2023-08-01
|0.4%
|33.82
|0.24
|4.29
|0.3%
|4.3%
|-
|2023-07-01
|33.74
|0.42
|4.36
|0.3%
|0.3%
|4.4%
|4.2%
|4.2%
|-
|-
|Jun-23
|2023-06-01
|0.4%
|33.60
|0.45
|4.41
|0.3%
|0.3%
|4.4%
|4.2%
|4.2%
|-
|-
|May-23
|2023-05-01
|0.40%
|33.45
|0.33
|4.34
|0.30%
|0.30%
|4.4%
|4.4%
|4.4%
|-
|-
|Apr-23
|2023-04-01
|0.40%
|33.34
|0.42
|4.38
|0.30%
|0.30%
|4.40%
|4.20%
|4.20%
|-
|-
|Mar-23
|2023-03-01
|0.30%
|33.20
|0.27
|4.30
|0.30%
|0.30%
|4.20%
|4.30%
|4.30%
|-
|-
|Feb-23
|2023-02-01
|0.20%
|33.11
|0.27
|4.68
|0.30%
|0.30%
|4.60%
|4.70%
|4.70%
|-
|-
|Jan-23
|2023-01-01
|0.30%
|33.02
|0.30
|4.39
|0.30%
|0.30%
|4.40%
|4.30%
|4.30%
|-
|-
|Dec-22
|2022-12-01
|0.30%
|32.92
|0.37
|4.77
|0.40%
|0.40%
|4.60%
|5.00%
|5.00%
|-
|-
|Nov-22
|2022-11-01
|0.60%
|32.80
|0.43
|4.99
|0.30%
|0.30%
|5.10%
|4.60%
|4.60%
|-
|-
|Oct-22
|2022-10-01
|0.40%
|32.66
|0.40
|4.88
|0.30%
|0.30%
|4.70%
|4.70%
|4.70%
|-
|-
|Sep-22
|2022-09-01
|32.53
|0.31
|5.07
|0.30%
|0.30%
|0.30%
|5.00%
|5.10%
|5.10%
|-
|-
|Aug-22
|2022-08-01
|0.30%
|32.43
|0.31
|5.36
|0.40%
|0.40%
|5.20%
|5.30%
|5.30%
|-
|-
|Jul-22
|2022-07-01
|0.50%
|32.33
|0.47
|5.45
|0.30%
|0.30%
|5.20%
|4.90%
|4.90%
|-
|-
|Jun-22
|2022-06-01
|0.30%
|32.18
|0.37
|5.40
|0.30%
|0.30%
|5.10%
|5.00%
|5.00%
|-
|-
|May-22
|2022-05-01
|0.30%
|32.06
|0.38
|5.53
|0.40%
|0.40%
|5.20%
|5.20%
|5.20%
|-
|-
|Apr-22
|2022-04-01
|0.30%
|31.94
|0.35
|5.76
|0.40%
|0.40%
|5.50%
|5.50%
|5.50%
|-
|-
|Mar-22
|2022-03-01
|0.40%
|31.83
|0.63
|5.92
|0.40%
|0.40%
|5.60%
|5.50%
|5.50%
|-
|-
|Feb-22
|2022-02-01
|0.00%
|31.63
|0.00
|5.26
|0.50%
|0.50%
|5.10%
|5.80%
|5.80%
|-
|-
|Jan-22
|2022-01-01
|0.70%
|31.63
|0.67
|5.72
|0.50%
|0.50%
|5.70%
|5.20%
|5.20%
|-
|-
|Dec-21
|2021-12-01
|0.60%
|31.42
|0.58
|5.01
|0.40%
|0.40%
|4.70%
|4.20%
|4.20%
|}
|}
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* In July, average hourly earnings for all employees on private nonfarm payrolls rose by 14 cents, or 0.4 percent, to $33.74.  
* In July, average hourly earnings for all employees on private nonfarm payrolls rose by 14 cents, or 0.4 percent, to $33.74.  
* In July, average hourly earnings of private-sector production and nonsupervisory  employees rose by 13 cents, or 0.5 percent, to $28.96.  
* In July, average hourly earnings of private-sector production and nonsupervisory  employees rose by 13 cents, or 0.5 percent, to $28.96.  
=== August 2023 ===
Over the past 12 months, average hourly earnings have increased by 4.3
percent.
* In August, average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents,or 0.2 percent, to $33.82.<ref>https://www.bls.gov/news.release/empsit.nr0.htm</ref>
* In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents, or 0.2 percent, to $29.00.


== Employment compensation index ==
== Employment compensation index ==
[[File:Screenshot 2023-07-28 104610.png|center|thumb|622x622px|https://fred.stlouisfed.org/series/ECIWAG]]
[[File:Screenshot 2023-07-28 104610.png|center|thumb|880x880px|https://fred.stlouisfed.org/series/ECIWAG]]


=== Q1 2023 ===
=== Q1 2023 ===