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== Developments == | == Developments == | ||
{| class="wikitable" | |||
!Release Date | |||
!M/M | |||
!M/M Forecast | |||
!Y/Y Actual | |||
!Y/Y Forecast | |||
|- | |||
|Apr-23 | |||
|0.50% | |||
|0.30% | |||
|4.40% | |||
|4.20% | |||
|- | |||
|Mar-23 | |||
|0.30% | |||
|0.30% | |||
|4.20% | |||
|4.30% | |||
|- | |||
|Feb-23 | |||
|0.20% | |||
|0.30% | |||
|4.60% | |||
|4.70% | |||
|- | |||
|Jan-23 | |||
|0.30% | |||
|0.30% | |||
|4.40% | |||
|4.30% | |||
|- | |||
|Dec-22 | |||
|0.30% | |||
|0.40% | |||
|4.60% | |||
|5.00% | |||
|- | |||
|Nov-22 | |||
|0.60% | |||
|0.30% | |||
|5.10% | |||
|4.60% | |||
|- | |||
|Oct-22 | |||
|0.40% | |||
|0.30% | |||
|4.70% | |||
|4.70% | |||
|- | |||
|Sep-22 | |||
|0.30% | |||
|0.30% | |||
|5.00% | |||
|5.10% | |||
|- | |||
|Aug-22 | |||
|0.30% | |||
|0.40% | |||
|5.20% | |||
|5.30% | |||
|- | |||
|Jul-22 | |||
|0.50% | |||
|0.30% | |||
|5.20% | |||
|4.90% | |||
|- | |||
|Jun-22 | |||
|0.30% | |||
|0.30% | |||
|5.10% | |||
|5.00% | |||
|- | |||
|May-22 | |||
|0.30% | |||
|0.40% | |||
|5.20% | |||
|5.20% | |||
|- | |||
|Apr-22 | |||
|0.30% | |||
|0.40% | |||
|5.50% | |||
|5.50% | |||
|- | |||
|Mar-22 | |||
|0.40% | |||
|0.40% | |||
|5.60% | |||
|5.50% | |||
|- | |||
|Feb-22 | |||
|0.00% | |||
|0.50% | |||
|5.10% | |||
|5.80% | |||
|- | |||
|Jan-22 | |||
|0.70% | |||
|0.50% | |||
|5.70% | |||
|5.20% | |||
|- | |||
|Dec-21 | |||
|0.60% | |||
|0.40% | |||
|4.70% | |||
|4.20% | |||
|} | |||
=== February 2023<ref>https://www.bls.gov/news.release/pdf/empsit.pdf</ref> === | === February 2023<ref>https://www.bls.gov/news.release/pdf/empsit.pdf</ref> === | ||
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* Over the past 12 months, average hourly earnings have increased by 4.2 percent. Down from 4.6% in the prior month and slightly below market forecasts of a 4.3% rise. <ref>https://tradingeconomics.com/united-states/average-hourly-earnings-yoy</ref> | * Over the past 12 months, average hourly earnings have increased by 4.2 percent. Down from 4.6% in the prior month and slightly below market forecasts of a 4.3% rise. <ref>https://tradingeconomics.com/united-states/average-hourly-earnings-yoy</ref> | ||
* In March, average hourly earnings of private-sector production and nonsupervisory employees rose by 9 cents, or 0.3 percent, to $28.50. <ref>https://www.bls.gov/news.release/empsit.t19.htm</ref> | * In March, average hourly earnings of private-sector production and nonsupervisory employees rose by 9 cents, or 0.3 percent, to $28.50. <ref>https://www.bls.gov/news.release/empsit.t19.htm</ref> | ||
=== April 2023 === | |||
* In April, average hourly earnings for all employees on private nonfarm payrolls rose by 16 cents, or 0.5 percent, to $33.36. Above the 0.3% estimate | |||
* Over the past 12 months, average hourly earnings have increased by 4.4 percent. Exceeding the 4.2% estimate | |||
* In April, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.4 percent, to $28.62.<ref>https://www.bls.gov/news.release/empsit.nr0.htm</ref> | |||
== References == | == References == |