Economics/Employment & Labor Markets/CES0500000003

Average Hourly Earnings of All Employees

CES0500000003

Average hourly earnings growth is the Fed's key wage inflation indicator. Above 4% YoY raises wage-price spiral concerns. The monthly report is released alongside nonfarm payrolls.

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Series IDCES0500000003

FrequencyMonthly

UnitsDollars per Hour

SourceFRED / St. Louis Fed

Observations0

View on FRED

Related — Employment & Labor Markets

Unemployment RateUNRATE

All Employees, Total NonfarmPAYEMS

Labor Force Participation RateCIVPART

Job Openings: Total NonfarmJTSJOL

Initial Claims for Unemployment InsuranceICSA

Nonfarm Business Sector: Real Output Per HourOPHNFB

SOURCE: FEDERAL RESERVE ECONOMIC DATA (FRED) · 0 OBSERVATIONS