Average Hourly Earnings - Private

Returns the most recent average hourly earnings data for private sector employees in the United States. This is a key labor market indicator published by the Bureau of Labor Statistics.

Data Source

Federal Reserve Economic Data (FRED) / Bureau of Labor Statistics

Examples

=HourlyEarnings()
Returns current hourly earnings

When to Use

  • Tracking wage inflation
  • Labor market analysis
  • Economic research
  • Inflation forecasting

When NOT to Use

Scenario Use Instead
Need weekly hours HoursOfProduction()

Common Issues & FAQ

Q: How often is this updated? A: Monthly, typically on the first Friday.

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MarketXLS Excel Add-in Tutorial - How to Use Average Hourly Earnings - Private and Other Financial Formulas
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