Average Hourly Earnings (YoY)

The Average Hourly Earning released by the US Bureau of Labor Statistics is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.

Next event - Friday 4 October 2024 12:30

Previous
3.8%
Forecast
3.8%
Actual
-

The typical/expected impact on USD pairs is high.

The consensus forecast for Average Hourly Earnings (YoY) is 3.8%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Most recent - Friday 6 September 2024 12:30

Previous
3.6%
Revised
-
Forecast
3.7%
Actual
3.8%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Trading range

Forecast history

The most recent announced value for Average Hourly Earnings (YoY) was 3.8% against a forecast of 3.7%.

Past events

Date
Forecast
Actual
Friday 6 September 2024 12:30
3.7%
3.8%
Friday 2 August 2024 12:30
3.7%
3.6%
Friday 5 July 2024 12:30
3.9%
3.9%
Friday 7 June 2024 12:30
3.9%
4.1%
Friday 3 May 2024 12:30
4%
3.9%
Friday 5 April 2024 12:30
4.1%
4.1%
Friday 8 March 2024 13:30
4.4%
4.3%
Friday 2 February 2024 13:30
4.1%
4.5%
Friday 5 January 2024 13:30
3.9%
4.1%
Friday 8 December 2023 13:30
4%
4%
Friday 3 November 2023 12:30
4%
4.1%
Friday 6 October 2023 12:30
4.3%
4.2%
Friday 1 September 2023 12:30
4.4%
4.3%
Friday 4 August 2023 12:30
4.2%
4.4%
Friday 7 July 2023 12:30
4.2%
4.4%
Friday 2 June 2023 12:30
4.4%
4.3%
Friday 5 May 2023 12:30
4.2%
4.4%
Friday 7 April 2023 12:30
4.3%
4.2%
Friday 10 March 2023 13:30
4.7%
4.6%
Friday 3 February 2023 13:30
4.9%
4.4%
Friday 6 January 2023 13:30
5%
4.6%
Friday 2 December 2022 13:30
4.6%
5.1%
Friday 4 November 2022 12:30
4.7%
4.7%
Friday 7 October 2022 12:30
5.1%
5%
Friday 2 September 2022 12:30
5.3%
5.2%
Friday 5 August 2022 12:30
4.9%
5.2%
Friday 8 July 2022 12:30
5%
5.1%
Friday 3 June 2022 12:30
5.2%
5.2%
Friday 6 May 2022 12:30
5.5%
5.5%
Friday 1 April 2022 12:30
5.5%
5.6%
Friday 4 March 2022 13:30
5.8%
5.1%
Friday 4 February 2022 13:30
5.2%
5.7%
Friday 7 January 2022 13:30
4.2%
4.7%
Friday 3 December 2021 13:30
5%
4.8%
Friday 5 November 2021 12:30
4.8%
4.9%
Friday 8 October 2021 12:30
4.6%
4.6%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Average Hourly Earnings (YoY) result:

PreviousLatest
Factory Orders (MoM)Bearish change4.9%-0.2%
ISM Services Employment IndexBearish change50.248.1
ISM Services New Orders IndexBullish change5359.4
ISM Services PMIBullish change51.554.9
ISM Services Prices PaidBullish change57.359.4
S&P Global Composite PMIBearish change54.454
Initial Jobless ClaimsBearish change219K225K
Challenger Job CutsBearish change75.891K72.821K
ADP Employment ChangeBullish change103K143K
ISM Manufacturing Employment IndexBearish change4643.9
ISM Manufacturing New Orders IndexBullish change44.646.1
ISM Manufacturing PMI(no change)47.247.2
ISM Manufacturing Prices PaidBearish change5448.3
JOLTS Job OpeningsBullish change7.711M8.04M
Chicago Purchasing Managers' IndexBullish change46.146.6
Michigan Consumer Sentiment IndexBullish change6970.1
UoM 5-year Consumer Inflation Expectation(no change)3.1%3.1%
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.2%0.1%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.6%2.7%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.2%0.1%
Personal Consumption Expenditures - Price Index (YoY)Bearish change2.5%2.2%
Personal Income (MoM)Bearish change0.3%0.2%
Personal SpendingBearish change0.5%0.2%
Pending Home Sales (MoM)Bullish change-5.5%0.6%
Core Personal Consumption Expenditures (QoQ)(no change)2.8%2.8%
Durable Goods OrdersBearish change9.9%0%
Durable Goods Orders ex DefenseBearish change10.3%-0.2%
Durable Goods Orders ex TransportationBullish change-0.1%0.5%
Gross Domestic Product Annualized(no change)3%3%
Gross Domestic Product Price Index(no change)2.5%2.5%
Initial Jobless ClaimsBullish change222K218K
Nondefense Capital Goods Orders ex AircraftBullish change-0.2%0.2%
Personal Consumption Expenditures Prices (QoQ)(no change)2.5%2.5%
New Home Sales Change (MoM)Bearish change10.3%-4.7%
Housing Price Index (MoM)Bullish change0%0.1%
S&P Global Composite PMIBearish change54.654.4
S&P Global Manufacturing PMIBearish change47.947
S&P Global Services PMIBearish change55.755.4

About Average Hourly Earnings (YoY)

Country:United States
Currency:USD
Source:US Bureau of Labor Statistics
Category:Labor Market
Frequency:Monthly
Continue to site >

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?