All values come directly from BLS via FRED (CES0500000003). We do not modify, smooth, or interpolate published values.
The average hourly earnings for US private-sector employees, published monthly by BLS. Key input for wage growth analysis — compared against CPI inflation to determine real wage changes.
Monthly — we refresh daily; new values typically appear on the upstream release calendar.
We gate dateModified updates to actual value changes (threshold: 0.01% absolute or 0.5% relative) to prevent freshness spoofing. If the upstream value hasn't moved, we don't claim we updated the page.
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CalcFi. (2026). Average Hourly Earnings (Private Sector). Retrieved from https://calcfi.app/data/employment/avg-hourly-earnings/revisions. Source: BLS via FRED (CES0500000003).
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