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US hourly earnings annual growth

Hourly pay growth helps track household income and wage pressure on firms.

3.12%

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US hourly earnings annual growth

%

US hourly earnings annual growth0246810US hourly earnings annual growth3.122007201320202026

Source: FRED · As of 6 November 2026

Show the numbers
DateUS hourly earnings annual growth (%)
Mar 20073.393
Apr 20073.074
May 20073.527
Jun 20073.61
Jul 20073.204
Aug 20073.346
Sep 20073.137
Oct 20073.134
Nov 20073.075
Dec 20072.818
Jan 20082.914
Feb 20082.853
Mar 20083.089
Apr 20082.838
May 20083.023
Jun 20082.721
Jul 20083.152
Aug 20083.333
Sep 20083.279
Oct 20083.324
Nov 20083.504
Dec 20083.733
Jan 20093.634
Feb 20093.338
Mar 20093.23
Apr 20093.368
May 20093.027
Jun 20092.881
Jul 20092.685
Aug 20092.442
Sep 20092.485
Oct 20092.528
Nov 20092.196
Dec 20091.913
Jan 20102.004
Feb 20102.184
Mar 20101.859
Apr 20101.765
May 20101.763
Jun 20101.762
Jul 20101.849
Aug 20101.754
Sep 20101.796
Oct 20101.883
Nov 20101.746
Dec 20101.743
Jan 20112.098
Feb 20111.825
Mar 20111.825
Apr 20111.867
May 20112.044
Jun 20112.086
Jul 20112.302
Aug 20111.945
Sep 20111.941
Oct 20111.98
Nov 20112.024
Dec 20112.021
Jan 20121.705
Feb 20121.793
Mar 20122.143
Apr 20122.095
May 20121.916
Jun 20122
Jul 20121.644
Aug 20121.821
Sep 20121.99
Oct 20121.639
Nov 20121.897
Dec 20122.153
Jan 20132.064
Feb 20132.148
Mar 20131.884
Apr 20132.052
May 20132.05
Jun 20132.131
Jul 20132.086
Aug 20132.3
Sep 20132.079
Oct 20132.25
Nov 20132.243
Dec 20131.939
Jan 20142.022
Feb 20142.313
Mar 20142.143
Apr 20141.969
May 20142.135
Jun 20142.087
Jul 20142.085
Aug 20142.165
Sep 20142.078
Oct 20142.076
Nov 20142.07
Dec 20141.861
Jan 20152.147
Feb 20151.891
Mar 20152.221
Apr 20152.26
May 20152.336
Jun 20152.085
Jul 20152.165
Aug 20152.282
Sep 20152.239
Oct 20152.481
Nov 20152.393
Dec 20152.517
Jan 20162.546
Feb 20162.38
Mar 20162.414
Apr 20162.571
May 20162.443
Jun 20162.603
Jul 20162.719
Aug 20162.43
Sep 20162.628
Oct 20162.778
Nov 20162.574
Dec 20162.693
Jan 20172.483
Feb 20172.719
Mar 20172.593
Apr 20172.546
May 20172.463
Jun 20172.498
Jul 20172.569
Aug 20172.567
Sep 20172.794
Oct 20172.317
Nov 20172.471
Dec 20172.7
Jan 20182.769
Feb 20182.57
Mar 20182.834
Apr 20182.788
May 20182.938
Jun 20182.932
Jul 20182.846
Aug 20183.185
Sep 20183.133
Oct 20183.283
Nov 20183.391
Dec 20183.492
Jan 20193.256
Feb 20193.553
Mar 20193.426
Apr 20193.27
May 20193.336
Jun 20193.478
Jul 20193.432
Aug 20193.418
Sep 20193.075
Oct 20193.179
Nov 20193.28
Dec 20192.975
Jan 20203.045
Feb 20203.07
Mar 20203.457
Apr 20208.096
May 20206.6
Jun 20205.041
Jul 20204.852
Aug 20204.797
Sep 20204.794
Oct 20204.603
Nov 20204.587
Dec 20205.391
Jan 20215.276
Feb 20215.291
Mar 20214.525
Apr 20210.599
May 20212.322
Jun 20213.948
Jul 20214.321
Aug 20214.374
Sep 20214.981
Oct 20215.416
Nov 20215.364
Dec 20214.948
Jan 20225.58
Feb 20225.291
Mar 20225.894
Apr 20225.758
May 20225.557
Jun 20225.403
Jul 20225.479
Aug 20225.393
Sep 20225.132
Oct 20225.01
Nov 20225.091
Dec 20224.938
Jan 20234.494
Feb 20234.772
Mar 20234.623
Apr 20234.599
May 20234.361
Jun 20234.66
Jul 20234.669
Aug 20234.47
Sep 20234.421
Oct 20234.22
Nov 20234.113
Dec 20234.098
Jan 20244.391
Feb 20244.133
Mar 20244.148
Apr 20243.978
May 20244.149
Jun 20243.918
Jul 20243.634
Aug 20243.924
Sep 20243.911
Oct 20244.049
Nov 20244.185
Dec 20244.083
Jan 20253.974
Feb 20254.114
Mar 20254.214
Apr 20253.913
May 20253.984
Jun 20253.856
Jul 20253.962
Aug 20253.975
Sep 20253.848
Oct 20253.92
Nov 20253.933
Dec 20253.727
Jan 20263.655
Feb 20263.701
Mar 20263.434
Apr 20263.571
May 20263.335
Jun 20263.383
Jul 20263.208
Aug 20263.113
Sep 20263.161
Oct 20263.121

Recent observations

Date%
October 20263.121
September 20263.161
August 20263.113
July 20263.208
June 20263.383
May 20263.335
April 20263.571
March 20263.434
February 20263.701
January 20263.655
December 20253.727
November 20253.933
October 20253.92
September 20253.848
August 20253.975
July 20253.962
June 20253.856
May 20253.984
April 20253.913
March 20254.214
February 20254.114
January 20253.974
December 20244.083
November 20244.185

Source: FRED · Attribution and methods