Real hourly earnings monthly change U.S. 2024

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In March 2024, real hourly earnings of all employees in the United States experienced no percent change in comparison to the previous month. The data have been seasonally adjusted. The deflators used for constant-dollar earnings shown here come from the Consumer Price Indexes Programs. The Consumer Price Index for All Urban Employees (CPI-U) is used to deflate the data for all employees.

Monthly percentage change in real average hourly earnings for all employees in the United States from March 2023 to March 2024 (seasonally adjusted)

Characteristic	Change compared to previous month
Mar '24*	0%
Feb '24*	-0.3%
Jan '24	0.2%
Dec '23	0.1%
Nov '23	0.2%
Oct '23	0.2%
Sep '23	0%
Aug '23	-0.4%
Jul '23	0.2%
Jun '23	0.3%
May '23	0.2%
Apr '23	0.1%
Mar '23	0.2%

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Release date

April 2024

More information

Region

United States

Survey time period

March 2023 to March 2024

Age group

16 years and older

Supplementary notes

Employed persons consist of: persons who did any work for pay or profit during the survey reference week; persons who did at least 15 hours of unpaid work in a family-operated enterprise; and persons who were temporarily absent from their regular jobs because of illness, vacation, bad weather, industrial dispute, or various personal reasons.
Seasonal adjustment is a statistical method for removing the seasonal component of a time series used when analyzing non-seasonal trends.

* Preliminary

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