Forex Fundamentals
US Average Hourly Earnings

US Average Hourly Earnings 2 February 2024

US Average Hourly Earnings 2 February 2024: 0.6% for January 2024, above the 0.3% forecast and up from 0.4% in December 2023. It is the highest of the last 12 releases. It is the third release in a row above the forecast. It was released on Fri 2 Feb 2024 at 13:30 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
0.6%
January 2024
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 2 February 2024: 0.6% for January 2024 against a 0.3% forecast, with the last 12 releases
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US Average Hourly Earnings 2 February 2024: 0.6% vs 0.3% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-average-hourly-earnings/2024-02-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Feb 2024Jan0.6%0.3%0.4%
5 Jan 2024Dec0.4%0.3%0.4%
8 Dec 2023Nov0.4%0.3%0.2%
3 Nov 2023Oct0.2%0.3%0.3%
6 Oct 2023Sep0.2%0.3%0.2%
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%
The release before:US Average Hourly Earnings 5 January 2024The release after:US Average Hourly Earnings 8 March 2024US Average Hourly Earnings: every recent resultThis week’s economic calendar