Average Hourly Earnings

November 6, 2026

Average  hourly earnings rose 0.4% in October to $38.00 after climbing 0.3% in September   Earnings growth  in the past year has been 3.1%.

While nominal earnings have risen 3.1% in the past year, inflation has risen by 3.6% so real or inflation-adjusted earnings have declined 0.5% in the past year..

Average weekly earnings rose 0.4% in October to $1,307.20 after rising 0.3% in September.  In the past year nominal weekly earnings have risen 3.7%.  But, like average hourly earnings, weekly earnings have been eroded by inflation  Real; weekly earnings have been unchanged in the past year.

Stephen Slifer

NumberNomics

Charleston, SC