United States Average Hourly Earnings

US Average Hourly Earnings Edges Up to Record

Brief · Published 2026-08-31 · Data period 2026-08-31

This brief was generated automatically from the published data; no human byline is attached. Read the methodology.

Average hourly earnings in the US rose to $37.75 in August 2026 from $37.65 previously. The reading marked the 65th consecutive monthly increase and a record high since the series began in March 2006. Year-over-year earnings growth was 3.09%, while the unemployment rate held at 4.1% and the labor force participation rate was 61.6%, according to the Federal Reserve Bank of St. Louis.

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Source & methodology

Data source: Federal Reserve Bank of St. Louis.

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