Average Hourly Earnings

October 2, 2026

Average  hourly earnings rose 0.1% in September to $37.81 after climbing by 0.3% in August   Earnings growth  in the past year has been 3.0%.

While nominal earnings have risen 3.0% in the past year, inflation has risen by 3.3% so real or inflation-adjusted earnings have declined 0.3% in the past year..

Average weekly earnings rose 0.1% in September to $1,300.66 after jumping 0.6% in August.  In the past year nominal weekly earnings have risen 3.6%.  But, like average hourly earnings, weekly earnings have been eroded by inflation  Real; weekly earnings have risen 0.4% in the past year.

Stephen Slifer

NumberNomics

Charleston, SC