Forex Fundamentals
US Average Hourly Earnings

US Average Hourly Earnings 1 September 2023

US Average Hourly Earnings 1 September 2023: 0.2% for August 2023, below the 0.3% forecast and down from 0.4% in July 2023. It is the lowest reading since February 2023. 3 of the last 12 releases came in below the forecast. It was released on Fri 1 Sep 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
0.2%
August 2023
Forecast
0.3%
The market consensus
Previous
0.4%
As the source gives it

What a print like this usually does

Below the forecast: A miss can weaken the dollar by easing inflation concerns and increasing rate-cut expectations.

US Average Hourly Earnings 1 September 2023: 0.2% for August 2023 against a 0.3% forecast, with the last 12 releases
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US Average Hourly Earnings 1 September 2023: 0.2% vs 0.3% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-average-hourly-earnings/2023-09-01

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
1 Sep 2023Aug0.2%0.3%0.4%
4 Aug 2023Jul0.4%0.3%0.4%
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%
The release before:US Average Hourly Earnings 4 August 2023The release after:US Average Hourly Earnings 6 October 2023US Average Hourly Earnings: every recent resultThis week’s economic calendar