CES0500000003Average Hourly Earnings of All Employees, Total Private (CES0500000003) — Current Value & Historical Data
Average Hourly Earnings of All Employees, Total Private (CES0500000003) Chart & Data Table
Gray bands: NBER recessions
What is Average Hourly Earnings of All Employees, Total Private (CES0500000003)?
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 (CES0500000003) Value
As of June 1, 2026, the current average hourly earnings of all employees, total private is 37.64 Dollars per Hour. This is the most recent observation available for this series, updated monthly.
Average Hourly Earnings of All Employees, Total Private Historical Trend
Average Hourly Earnings of All Employees, Total Private rose 0.35% month-over-month. Over the past year, average hourly earnings of all employees, total private rose 3.75% from May 2025. In the series' tracked history, the highest recorded value was 37.64 (June 2026), and the lowest was 20.04 (March 2006).
Methodology & Source
Source
Federal Reserve Economic Data (FRED)
Frequency
Monthly
Units
Dollars per Hour
Notes
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...
Frequently Asked Questions About Average Hourly Earnings of All Employees, Total Private (CES0500000003)
What is the current average hourly earnings of all employees, total private?
As of June 1, 2026, average hourly earnings of all employees, total private stands at 37.64 Dollars per Hour.
Where does average hourly earnings of all employees, total private data come from?
Average Hourly Earnings of All Employees, Total Private data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is average hourly earnings of all employees, total private updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for average hourly earnings of all employees, total private?
In the available data, the highest value was 37.64 Dollars per Hour in June 2026, and the lowest was 20.04 Dollars per Hour in March 2006.
How has average hourly earnings of all employees, total private changed over the past year?
Over the past year, average hourly earnings of all employees, total private increased 3.75%.
See Average Hourly Earnings of All Employees, Total Private in context
CES0500000003 is tracked on the Labor Market dashboard, alongside related indicators and historical context.
View the Labor Market dashboard →Related government-spending dashboards
How Average Hourly Earnings of All Employees, Total Private connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.
Compare Average Hourly Earnings of All Employees, Total Private with related indicators
See how Average Hourly Earnings of All Employees, Total Private stacks up against related series in a side-by-side chart and explainer: