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 2020 through March 2024.
Jan
2022
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2023
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2024
Feb
Mar
3.6
3.8
4
4.2
4.4
4.6
4.8
5
5.2
5.4
5.6
5.8%
2024
Mar
4.1%
2024
Mar
4.1%