Average Hourly Earnings

July 2, 2026

Average  hourly earnings rose 0.3% in June to $37.64 in June after climbing by 0.3% in May and 0.2% in April,  Earnings growth  in the past year has been 3.5%.

While nominal earnings have risen 3.5% in the past year, inflation has risen by 4.3% so real or inflation-adjusted earnings have declined 0.8%.

Average weekly earnings rose 0.3% in June to $1,291.05 after gaining 0.3% in May and 0.5% in April.  In the past year weekly earnings have risen 3.8%.  But, like average hourly earnings, weekly earnings have been eroded by inflation  Real; weekly earnings have declined 0.5% in the past year.

Stephen Slifer

NumberNomics

Charleston, SC