United States Average Hourly Earnings YoY

Average Hourly Earnings YoY in the United States increased to 5.90 percent in December from 4.80 percent in November of 2021. Average Hourly Earnings YoY in the United States averaged 2.77 percent from 2007 until 2021, reaching an all time high of 8.20 percent in April of 2020 and a record low of 0.30 percent in April of 2021. In the United States, Average Hourly Earnings is the average amount employees make per hour in a given month. The Federal Reserve uses average hourly earnings in deciding whether to raise or lower interest rates. This page includes a chart with historical data for the United States Average Hourly Earnings YoY.

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