Year-over-year percent change in average hourly earnings in the U.S.
All employees on private nonfarm payrolls since January 2022
The line chart shows the year-over-year percent change in hourly earnings for all private employees in the U.S. from January 2022 through August 2024.
Jan
2022
Apr
Jul
Oct
Jan
2023
Apr
Jul
Oct
Jan
2024
Apr
Jul
3.5
4
4.5
5
5.5
6%
2024
Aug
3.8%