Forex Fundamentals
US Average Hourly Earnings

US Average Hourly Earnings 8 March 2024

US Average Hourly Earnings 8 March 2024: 0.1% for February 2024, below the 0.3% forecast and against 0.5% in January 2024 (first reported as 0.6%). It is the lowest of the last 12 releases. 4 of the last 12 releases came in below the forecast. It was released on Fri 8 Mar 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
0.1%
February 2024
Forecast
0.3%
The market consensus
Previous
0.5%
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 8 March 2024: 0.1% for February 2024 against a 0.3% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

US Average Hourly Earnings 8 March 2024: 0.1% vs 0.3% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-average-hourly-earnings/2024-03-08

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
8 Mar 2024Feb0.1%0.3%0.5%
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%
The release before:US Average Hourly Earnings 2 February 2024The release after:US Average Hourly Earnings 5 April 2024US Average Hourly Earnings: every recent resultThis week’s economic calendar