US November 2025 Average Hourly Earnings YoY: Data Release

The US Department of Labor released the November average hourly earnings year-on-year data on September 5, 2025. The actual value, forecast, and prior reference values were not provided.Data Definition: This indicator measures wage and salary levels for private nonfarm employees, based on average hourly and weekly earnings. Market Impact: Generally, if expected growth in average hourly earnings signals economic improvement and potential interest rate hikes, a rapid increase in hourly wages is considered bullish for the euro; conversely, a decline may have the opposite effect.This data has an importance rating of 3. The calculation method tracks changes in wages over the previous year. It is published monthly, typically on the first Friday of each month, except during holidays or statistical cycle adjustments. The next release is scheduled for October 6, 2025.

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