CES0500000003Average Hourly Earnings of All Employees, Total Private — Current Value & Historical Data
What is Average Hourly Earnings of All Employees, Total Private?
The series comes from the 'Current Employment Statistics (Establishment Survey).' The source code is: CES0500000003 The Average Hourly Earnings of All Private Employees is a measure of the average hourly earnings of all private employees on a “gross” basis, including premium pay for overtime and late-shift work.
Current Average Hourly Earnings of All Employees, Total Private Value
As of March 1, 2026, the current average hourly earnings of all employees, total private is 37.38 Dollars per Hour. This is the most recent observation available for this series, updated monthly.
Historical Trend
Average Hourly Earnings of All Employees, Total Private rose 0.24% month-over-month. Over the past year, average hourly earnings of all employees, total private rose 4.01% from February 2025. In the series' tracked history, the highest recorded value was 37.38 (March 2026), and the lowest was 24.22 (January 2014).
Methodology & Source
Source: Federal Reserve Economic Data (FRED)
Frequency: Monthly
Units: Dollars per Hour
The series comes from the 'Current Employment Statistics (Establishment Survey).' The source code is: CES0500000003 The Average Hourly Earnings of All Private Employees is a measure of the average hourly earnings of all private employees on a “gross” basis, including premium pay for overtime and...