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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 Forecast | !Y/Y Forecast | ||
|- | |- | ||
| | |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% | ||
|4.2% | |4.2% | ||
|- | |- | ||
| | |2023-06-01 | ||
|0.4 | |33.60 | ||
|0.45 | |||
|4.41 | |||
|0.3% | |0.3% | ||
|4.2% | |4.2% | ||
|- | |- | ||
| | |2023-05-01 | ||
|0. | |33.45 | ||
|0.33 | |||
|4.34 | |||
|0.30% | |0.30% | ||
|4.4% | |4.4% | ||
|- | |- | ||
| | |2023-04-01 | ||
|0. | |33.34 | ||
|0.42 | |||
|4.38 | |||
|0.30% | |0.30% | ||
|4.20% | |4.20% | ||
|- | |- | ||
| | |2023-03-01 | ||
|0.30 | |33.20 | ||
|0.27 | |||
|4.30 | |||
|0.30% | |0.30% | ||
|4.30% | |4.30% | ||
|- | |- | ||
| | |2023-02-01 | ||
|0. | |33.11 | ||
|0.27 | |||
|4.68 | |||
|0.30% | |0.30% | ||
|4.70% | |4.70% | ||
|- | |- | ||
| | |2023-01-01 | ||
|0.30 | |33.02 | ||
|0.30 | |||
|4.39 | |||
|0.30% | |0.30% | ||
|4.30% | |4.30% | ||
|- | |- | ||
| | |2022-12-01 | ||
|0. | |32.92 | ||
|0.37 | |||
|4.77 | |||
|0.40% | |0.40% | ||
|5.00% | |5.00% | ||
|- | |- | ||
| | |2022-11-01 | ||
|0. | |32.80 | ||
|0.43 | |||
|4.99 | |||
|0.30% | |0.30% | ||
|4.60% | |4.60% | ||
|- | |- | ||
| | |2022-10-01 | ||
|0.40 | |32.66 | ||
|0.40 | |||
|4.88 | |||
|0.30% | |0.30% | ||
|4.70% | |4.70% | ||
|- | |- | ||
| | |2022-09-01 | ||
|32.53 | |||
|0.31 | |||
|5.07 | |||
|0.30% | |0.30% | ||
|5.10% | |5.10% | ||
|- | |- | ||
| | |2022-08-01 | ||
|0. | |32.43 | ||
|0.31 | |||
|5.36 | |||
|0.40% | |0.40% | ||
|5.30% | |5.30% | ||
|- | |- | ||
| | |2022-07-01 | ||
|0. | |32.33 | ||
|0.47 | |||
|5.45 | |||
|0.30% | |0.30% | ||
|4.90% | |4.90% | ||
|- | |- | ||
| | |2022-06-01 | ||
|0. | |32.18 | ||
|0.37 | |||
|5.40 | |||
|0.30% | |0.30% | ||
|5.00% | |5.00% | ||
|- | |- | ||
| | |2022-05-01 | ||
|0. | |32.06 | ||
|0.38 | |||
|5.53 | |||
|0.40% | |0.40% | ||
|5.20% | |5.20% | ||
|- | |- | ||
| | |2022-04-01 | ||
|0. | |31.94 | ||
|0.35 | |||
|5.76 | |||
|0.40% | |0.40% | ||
|5.50% | |5.50% | ||
|- | |- | ||
| | |2022-03-01 | ||
|0. | |31.83 | ||
|0.63 | |||
|5.92 | |||
|0.40% | |0.40% | ||
|5.50% | |5.50% | ||
|- | |- | ||
| | |2022-02-01 | ||
|0.00 | |31.63 | ||
|0.00 | |||
|5.26 | |||
|0.50% | |0.50% | ||
|5.80% | |5.80% | ||
|- | |- | ||
| | |2022-01-01 | ||
|0. | |31.63 | ||
|0.67 | |||
|5.72 | |||
|0.50% | |0.50% | ||
|5.20% | |5.20% | ||
|- | |- | ||
| | |2021-12-01 | ||
|0. | |31.42 | ||
|0.58 | |||
|5.01 | |||
|0.40% | |0.40% | ||
|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| | [[File:Screenshot 2023-07-28 104610.png|center|thumb|880x880px|https://fred.stlouisfed.org/series/ECIWAG]] | ||
=== Q1 2023 === | === Q1 2023 === |