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NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

Notes:

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES3000000003

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of All Employees, Manufacturing [CES3000000003], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CES3000000003, May 24, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

Notes:

Construction employees in the construction sector include: Working supervisors, qualified craft workers, mechanics, apprentices, helpers, laborers, and so forth, engaged in new work, alterations, demolition, repair, maintenance, and the like, whether working at the site of construction or in shops or yards at jobs (such as precutting and preassembling) ordinarily performed by members of the construction trades.

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES2000000003

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of All Employees, Construction [CES2000000003], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CES2000000003, May 24, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

Notes:

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES4200000003

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of All Employees, Retail Trade [CES4200000003], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CES4200000003, May 24, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

Notes:

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES7000000003

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of All Employees, Leisure and Hospitality [CES7000000003], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CES7000000003, May 24, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

Notes:

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES4300000003

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of All Employees, Transportation and Warehousing [CES4300000003], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CES4300000003, May 24, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

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 late-shift work. These differ from wage rates in that average hourly earnings measure the actual return to a worker for a set period of time, rather than the amount contracted for a unit of work, the wage rate. This measure excludes benefits, irregular bonuses, retroactive pay, and payroll taxes paid by the employer.

Average Hourly Earnings are collected in the Current Employment Statistics (CES) program and published by the BLS. It is provided on a monthly basis, so this data is used in part by macroeconomists as an initial economic indicator of current trends. Progressions in earnings specifically help policy makers understand some of the pressures driving inflation.

It is important to note that this series measures the average hourly earnings of the pool of workers in each period. Thus, changes in average hourly earnings can be due to either changes in the set of workers observed in a given period, or due to changes in earnings. For instance, in recessions that lead to the disproportionate increase of unemployment in lower-wage jobs, average hourly earnings can increase due to changes in the pool of workers rather than due to the widespread increase of hourly earnings at the worker-level.

For more information, see:
U.S. Bureau of Labor Statistics, CES Overview
U.S. Bureau of Labor Statistics, BLS Handbook of Methods: Chapter 2. Employment, Hours, and Earnings from the Establishment Survey

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of All Employees, Total Private [CES0500000003], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CES0500000003, May 24, 2024.

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Average Hourly Earnings of All Employees, Manufacturing

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Average Hourly Earnings of All Employees, Construction

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Average Hourly Earnings of All Employees, Retail Trade

Monthly, Not Seasonally Adjusted

Average Hourly Earnings of All Employees, Leisure and Hospitality

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Average Hourly Earnings of All Employees, Transportation and Warehousing

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Average Hourly Earnings of All Employees, Total Private

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