Federal Reserve Economic Data: Your trusted data source since 1991

FRED Graph


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: 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, April 25, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

Notes:

Production and related employees include working supervisors and all nonsupervisory employees (including group leaders and trainees) engaged in fabricating, processing, assembling, inspecting, receiving, storing, handling, packing, warehousing, shipping, trucking, hauling, maintenance, repair, janitorial, guard services, product development, auxiliary production for plant's own use (for example, power plant), recordkeeping, and other services closely associated with the above production operations.
#Nonsupervisory employees include those individuals in private, service-providing industries who are not above the working-supervisor level. This group includes individuals such as office and clerical workers, repairers, salespersons, operators, drivers, physicians, lawyers, accountants, nurses, social workers, research aides, teachers, drafters, photographers, beauticians, musicians, restaurant workers, custodial workers, attendants, line installers and repairers, laborers, janitors, guards, and other employees at similar occupational levels whose services are closely associated with those of the employees listed.

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

The source code is: CES0500000008

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private [AHETPI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/AHETPI, April 25, 2024.

RELATED DATA AND CONTENT

Data Suggestions Based On Your Search

Content Suggestions

Other Formats

Average Hourly Earnings of All Employees, Total Private

Monthly, Not Seasonally Adjusted

Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private

Monthly, Not Seasonally Adjusted

Related Categories

Releases

Tags


Subscribe to the FRED newsletter


Follow us

Back to Top
Top