• U.S average hourly earnings rose 0.3% in January, as expected

Market news

2 February 2018

U.S average hourly earnings rose 0.3% in January, as expected

In January, average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents to $26.74, following an 11-cent gain in December. Over the year, average hourly earnings have risen by 75 cents, or 2.9 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents to $22.34 in January.

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