Forex Fundamentals
US Average Hourly Earnings

US Average Hourly Earnings 7 July 2023

US Average Hourly Earnings 7 July 2023: 0.4% for June 2023, above the 0.3% forecast and against 0.4% in May 2023 (first reported as 0.3%). 5 of the last 12 releases came in above the forecast. It was released on Fri 7 Jul 2023 at 12:30 UTC (8:30 AM ET).

These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Labor Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.4%
June 2023
Forecast
0.3%
The market consensus
Previous
0.4%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat can support the dollar, particularly if payrolls are also strong and markets see persistent wage pressure.

US Average Hourly Earnings 7 July 2023: 0.4% for June 2023 against a 0.3% forecast, with the last 12 releases
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US Average Hourly Earnings 7 July 2023: 0.4% vs 0.3% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-average-hourly-earnings/2023-07-07

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
7 Jul 2023Jun0.4%0.3%0.4%
2 Jun 2023May0.3%0.3%0.4%
5 May 2023Apr0.5%0.3%0.3%
7 Apr 2023Mar0.3%0.3%0.2%
10 Mar 2023Feb0.2%0.3%0.3%
3 Feb 2023Jan0.3%0.3%0.4%
6 Jan 2023Dec0.3%0.4%0.4%
2 Dec 2022Nov0.6%0.3%0.5%
4 Nov 2022Oct0.4%0.3%0.3%
7 Oct 2022Sep0.3%0.3%0.3%
2 Sep 2022Aug0.3%0.4%0.5%
5 Aug 2022Jul0.5%0.3%0.4%
The release before:US Average Hourly Earnings 2 June 2023The release after:US Average Hourly Earnings 4 August 2023US Average Hourly Earnings: every recent resultThis week’s economic calendar