Growth in average hourly earnings in the U.S.

Year-over-year percent change | Jan. 2022–Feb. 2026

The line chart shows the year-over-year percent change in hourly earnings for all private employees in the U.S. from Jan. 2022 through Feb. 2026.

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Note: All employees on private nonfarm payrolls

Chart: Gabriel Cortes / CNBCSource: U.S. Bureau of Labor Statistics
Data as of March 6, 2026