US Average Hourly Earnings Fall to 3.09%
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 fell to 3.09% in August from 3.24% in July, the lowest since May 2021. The annual increase slowed from 3.98% a year earlier. Non-farm payrolls rose by 159,075 in August, while the unemployment rate held at 4.1%. The data were released by 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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