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CRTLAB/Economic calendar/United States/Average Hourly Earnings MoM

US Average Hourly Earnings MoM

Next release Friday, 4 December 2026, 08:30 New York. Every release since 8 Jan 2016: 131 on record, actual against forecast. Medium impact for the USD. Updated within the hour of each release.

Latest · Oct. 20260.4%forecast 0.3% · previous 0.3%
Next release4 December 2026
Above forecast42%of 131 since 2016 · last 12: 25%
Range since 2016-1.1% → 4.6%low Jun. 2020 · high Apr. 2020

The short answer

131 releases

The last US Average Hourly Earnings MoM (Oct. 2026, released 6 Nov 2026) came in at 0.4%, above the 0.3% forecast; the previous reading was 0.3%. The next US Average Hourly Earnings MoM is due Friday, 4 December 2026 at 08:30 New York time (Nov. 2026).

Since 2016, US Average Hourly Earnings MoM has come in above forecast 42% of the time and below 31% (131 releases with a forecast); over the last 12 it beat 25%.

The average miss against forecast over the last 24 releases was 0.09%: higher than expected is good for the USD.

Last 12 releases

bar = actual · line = forecast
Nov. 2025: actual 0.4%, forecast 0.3%0.4%Dec ’25Dec. 2025: actual 0.1%, forecast 0.3%0.1%Jan ’26Jan. 2026: actual 0.4%, forecast 0.3%0.4%Feb ’26Feb. 2026: actual 0.3%, forecast 0.3%0.3%Mar ’26Mar. 2026: actual 0.2%, forecast 0.3%0.2%Apr ’26Apr. 2026: actual 0.2%, forecast 0.3%0.2%May ’26May. 2026: actual 0.2%, forecast 0.3%0.2%Jun ’26Jun. 2026: actual 0.3%, forecast 0.3%0.3%Jul ’26Jul. 2026: actual 0.1%, forecast 0.3%0.1%Aug ’26Aug. 2026: actual 0.3%, forecast 0.3%0.3%Sept ’26Sep. 2026: actual 0.3%, forecast 0.3%0.3%Oct ’26Oct. 2026: actual 0.4%, forecast 0.3%0.4%Nov ’26

US Average Hourly Earnings MoM since 2016

131 releases
20182020202220242026

Every US Average Hourly Earnings MoM release

latest 120 of 131 · times New York
ReleasedPeriodActualForecastPreviousVs forecast
6 Nov 2026 08:30Oct. 20260.4%0.3%0.3%above
2 Oct 2026 08:30Sep. 20260.3%0.3%0.3%in line
4 Sept 2026 08:30Aug. 20260.3%0.3%0.1%in line
7 Aug 2026 08:30Jul. 20260.1%0.3%0.3%below
2 Jul 2026 08:30Jun. 20260.3%0.3%0.2%in line
5 Jun 2026 08:30May. 20260.2%0.3%0.2%below
8 May 2026 08:30Apr. 20260.2%0.3%0.2%below
3 Apr 2026 08:30Mar. 20260.2%0.3%0.3%below
6 Mar 2026 08:30Feb. 20260.3%0.3%0.4%in line
11 Feb 2026 08:30Jan. 20260.4%0.3%0.1%above
9 Jan 2026 08:30Dec. 20250.1%0.3%0.4%below
16 Dec 2025 08:30Nov. 20250.4%0.3%0.2%above
16 Dec 2025 07:30Oct. 20250.4%0.3%0.2%above
20 Nov 2025 08:30Sep. 20250.2%0.3%0.4%below
5 Sept 2025 08:30Aug. 20250.4%0.3%0.3%above
1 Aug 2025 08:30Jul. 20250.3%0.3%0.2%in line
3 Jul 2025 08:30Jun. 20250.2%0.3%0.4%below
6 Jun 2025 08:30May. 20250.4%0.3%0%above
2 May 2025 08:30Apr. 20250%0.3%0.5%below
4 Apr 2025 08:30Mar. 20250.5%0.3%0.3%above
7 Mar 2025 08:30Feb. 20250.3%0.3%0.4%in line
7 Feb 2025 08:30Jan. 20250.4%0.3%0.3%above
10 Jan 2025 08:30Dec. 20240.3%0.3%0.4%in line
6 Dec 2024 08:30Nov. 20240.4%0.3%0.3%above
1 Nov 2024 08:30Oct. 20240.3%0.3%0.3%in line
4 Oct 2024 08:30Sep. 20240.3%0.3%0.4%in line
6 Sept 2024 08:30Aug. 20240.4%0.3%0.2%above
2 Aug 2024 08:30Jul. 20240.2%0.3%0.3%below
5 Jul 2024 08:30Jun. 20240.3%0.3%0.4%in line
7 Jun 2024 08:30May. 20240.4%0.3%0.3%above
3 May 2024 08:30Apr. 20240.3%0.3%0.4%in line
5 Apr 2024 08:30Mar. 20240.4%0.3%0.1%above
8 Mar 2024 08:30Feb. 20240.1%0.3%0.5%below
2 Feb 2024 08:30Jan. 20240.5%0.3%0.4%above
5 Jan 2024 08:30Dec. 20230.4%0.3%0.3%above
8 Dec 2023 08:30Nov. 20230.3%0.3%0.2%in line
3 Nov 2023 08:30Oct. 20230.2%0.3%0.4%below
6 Oct 2023 08:30Sep. 20230.4%0.3%0.1%above
1 Sept 2023 08:30Aug. 20230.1%0.3%0.5%below
4 Aug 2023 08:30Jul. 20230.5%0.3%0.6%above
7 Jul 2023 08:30Jun. 20230.6%0.3%0.2%above
2 Jun 2023 08:30May. 20230.2%0.3%0.5%below
5 May 2023 08:30Apr. 20230.5%0.3%0.4%above
7 Apr 2023 08:30Mar. 20230.4%0.3%0.4%above
10 Mar 2023 08:30Feb. 20230.4%0.3%0.2%above
3 Feb 2023 08:30Jan. 20230.2%0.3%0.4%below
6 Jan 2023 08:30Dec. 20220.4%0.4%0.4%in line
2 Dec 2022 08:30Nov. 20220.4%0.3%0.4%above
4 Nov 2022 08:30Oct. 20220.4%0.3%0.4%above
7 Oct 2022 08:30Sep. 20220.4%0.3%0.3%above
2 Sept 2022 08:30Aug. 20220.3%0.4%0.5%below
5 Aug 2022 08:30Jul. 20220.5%0.3%0.3%above
8 Jul 2022 08:30Jun. 20220.3%0.3%0.4%in line
3 Jun 2022 08:30May. 20220.4%0.4%0.5%in line
6 May 2022 08:30Apr. 20220.5%0.4%0.5%above
1 Apr 2022 08:30Mar. 20220.5%0.4%0.1%above
4 Mar 2022 08:30Feb. 20220.1%0.5%0.7%below
4 Feb 2022 08:30Jan. 20220.7%0.5%0.5%above
7 Jan 2022 08:30Dec. 20210.5%0.4%0.3%above
3 Dec 2021 08:30Nov. 20210.3%0.4%0.5%below
5 Nov 2021 08:30Oct. 20210.5%0.4%0.6%above
8 Oct 2021 08:30Sep. 20210.6%0.4%0.4%above
3 Sept 2021 08:30Aug. 20210.4%0.3%0.4%above
6 Aug 2021 08:30Jul. 20210.4%0.3%0.4%above
2 Jul 2021 08:30Jun. 20210.4%0.4%0.6%in line
4 Jun 2021 08:30May. 20210.6%0.2%0.6%above
7 May 2021 08:30Apr. 20210.6%0%-0.1%above
2 Apr 2021 08:30Mar. 2021-0.1%0.1%0.4%below
5 Mar 2021 08:30Feb. 20210.4%0.2%0.1%above
5 Feb 2021 08:30Jan. 20210.1%0.3%0.9%below
8 Jan 2021 08:30Dec. 20200.9%0.2%0.3%above
4 Dec 2020 08:30Nov. 20200.3%0.1%0.1%above
6 Nov 2020 08:30Oct. 20200.1%0.2%0.1%below
2 Oct 2020 08:30Sep. 20200.1%0.2%0.3%below
4 Sept 2020 08:30Aug. 20200.3%0%0%above
7 Aug 2020 08:30Jul. 20200%-0.5%-1.1%above
2 Jul 2020 08:30Jun. 2020-1.1%-0.7%-1.1%below
5 Jun 2020 08:30May. 2020-1.1%1%4.6%below
8 May 2020 08:30Apr. 20204.6%0.4%0.7%above
3 Apr 2020 08:30Mar. 20200.7%0.2%0.4%above
6 Mar 2020 08:30Feb. 20200.4%0.3%0.2%above
7 Feb 2020 08:30Jan. 20200.2%0.3%0.1%below
10 Jan 2020 08:30Dec. 20190.1%0.3%0.4%below
6 Dec 2019 08:30Nov. 20190.4%0.3%0.3%above
1 Nov 2019 08:30Oct. 20190.3%0.3%0.1%in line
4 Oct 2019 08:30Sep. 20190.1%0.3%0.4%below
6 Sept 2019 08:30Aug. 20190.4%0.3%0.2%above
2 Aug 2019 08:30Jul. 20190.2%0.2%0.3%in line
5 Jul 2019 08:30Jun. 20190.3%0.3%0.3%in line
7 Jun 2019 08:30May. 20190.3%0.3%0.1%in line
3 May 2019 08:30Apr. 20190.1%0.3%0.3%below
5 Apr 2019 08:30Mar. 20190.3%0.3%0.4%in line
8 Mar 2019 08:30Feb. 20190.4%0.3%0.1%above
1 Feb 2019 08:30Jan. 20190.1%0.3%0.4%below
4 Jan 2019 08:30Dec. 20180.4%0.3%0.3%above
7 Dec 2018 08:30Nov. 20180.3%0.3%0.2%in line
2 Nov 2018 08:30Oct. 20180.2%0.2%0.4%in line
5 Oct 2018 08:30Sep. 20180.4%0.3%0.4%above
7 Sept 2018 08:30Aug. 20180.4%0.2%0.3%above
3 Aug 2018 08:30Jul. 20180.3%0.3%0.2%in line
6 Jul 2018 08:30Jun. 20180.2%0.3%0.3%below
1 Jun 2018 08:30May. 20180.3%0.2%0.2%above
4 May 2018 08:30Apr. 20180.2%0.2%0.4%in line
6 Apr 2018 08:30Mar. 20180.4%0.2%0.1%above
9 Mar 2018 08:30Feb. 20180.1%0.2%0.3%below
2 Feb 2018 08:30Jan. 20180.3%0.3%0.3%in line
5 Jan 2018 08:30Dec. 20170.3%0.3%0.2%in line
8 Dec 2017 08:30Nov. 20170.2%0.3%0%below
3 Nov 2017 08:30Oct. 20170%0.2%0.5%below
6 Oct 2017 08:30Sep. 20170.5%0.3%0.1%above
1 Sept 2017 08:30Aug. 20170.1%0.2%0.3%below
4 Aug 2017 08:30Jul. 20170.3%0.3%0.2%in line
7 Jul 2017 08:30Jun. 20170.2%0.3%0.1%below
2 Jun 2017 08:30May. 20170.1%0.2%0.3%below
5 May 2017 08:30Apr. 20170.3%0.3%0.2%in line
7 Apr 2017 08:30Mar. 20170.2%0.2%0.3%in line
10 Mar 2017 08:30Feb. 20170.3%0.3%0.3%in line
3 Feb 2017 08:30Jan. 20170.3%0.3%0.1%in line
6 Jan 2017 08:30Dec. 20160.1%0.3%0%below
2 Dec 2016 08:30Nov. 20160%0.2%0.5%below

Next Average Hourly Earnings MoM

Friday, 4 December 202608:30 New York

Nov. 2026. Previous 0.4%.

About

Measures
In the United States, Average Hourly Earnings is the average amount employees make per hour in a given month. The Federal Reserve uses average hourly earnings in deciding whether to raise or lower interest rates.
Good for USD
Actual higher than forecast
Released
Monthly
Category
Jobs
Source
Bureau of Labour Statistics

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Frequently asked questions

When is the next US Average Hourly Earnings MoM release?

The next US Average Hourly Earnings MoM is due Friday, 4 December 2026 at 08:30 New York time (Nov. 2026).

What was the last US Average Hourly Earnings MoM?

The last US Average Hourly Earnings MoM (Oct. 2026, released 6 Nov 2026) came in at 0.4%, above the 0.3% forecast; the previous reading was 0.3%.

How often is US Average Hourly Earnings MoM released?

US Average Hourly Earnings MoM is released monthly by Bureau of Labour Statistics. CRTLAB has 131 releases on record since 8 Jan 2016.

Does US Average Hourly Earnings MoM usually beat the forecast?

Since 2016, US Average Hourly Earnings MoM has come in above forecast 42% of the time and below 31% (131 releases with a forecast); over the last 12 it beat 25%.

What is the highest and lowest US Average Hourly Earnings MoM since 2016?

The highest was 4.6% (Apr. 2020) and the lowest -1.1% (Jun. 2020). The five-year average is 0.34%.

Is a higher US Average Hourly Earnings MoM good for the USD?

Usually yes: a reading above forecast is the good surprise for the USD, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the USD against its forecast, red one that was bad.

What does US Average Hourly Earnings MoM measure?

In the United States, Average Hourly Earnings is the average amount employees make per hour in a given month. The Federal Reserve uses average hourly earnings in deciding whether to raise or lower interest rates.

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