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=== February 2023 === | === February 2023<ref>https://www.bls.gov/news.release/pdf/empsit.pdf</ref> === | ||
* The trend has been slowing recently, recent labor data shows Average hourly earnings for all employees on US private nonfarm payrolls increased by 4.6% year-on-year in February 2023, up from 4.4% in the prior month but slightly below market forecasts of a 4.7% rise. <ref>https://tradingeconomics.com/united-states/average-hourly-earnings-yoy</ref> The most recent high was 5.9% on March 2022. | * The trend has been slowing recently, recent labor data shows Average hourly earnings for all employees on US private nonfarm payrolls increased by 4.6% year-on-year in February 2023, up from 4.4% in the prior month but slightly below market forecasts of a 4.7% rise. <ref>https://tradingeconomics.com/united-states/average-hourly-earnings-yoy</ref> The most recent high was 5.9% on March 2022. | ||
* In February, average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents, or 0.2 percent, to $33.09 | |||
* In February, average hourly earnings of private-sector production and nonsupervisory employees rose by 13 cents, or 0.5 percent, to $28.42 | |||
* | * | ||
'''March 2023''' | '''March 2023''' | ||
== References == | |||