Also known as Wage Growth.
Change in what private employees earn per hour.
The wage-inflation channel: hot wage growth keeps rates higher for longer, even when payrolls soften.
Usual market effect. Hotter-than-forecast inflation usually means higher rates — good for the dollar, bad for stocks.
| Release | Actual | Forecast | Previous | Read |
|---|---|---|---|---|
| Oct 2026 2026-10-02 | 0.1% | 0.3% | 0.3% | Bullish |
| Sep 2026 2026-09-04 | 0.3% | 0.3% | 0.2% | In line |
| Aug 2026 2026-08-07 | 0.1% | 0.3% | 0.3% | Bullish |
| Jul 2026 2026-07-02 | 0.3% | 0.3% | 0.3% | In line |
| Jul 2026 2026-07-01 | 0.3% | 0.3% | 0.3% | In line |
| Jun 2026 2026-06-05 | 0.3% | 0.3% | 0.2% | In line |
| May 2026 2026-05-08 | 0.2% | 0.3% | 0.2% | Bullish |
| Apr 2026 2026-04-03 | 0.2% | 0.3% | 0.4% | Bullish |
| Mar 2026 2026-03-06 | 0.4% | 0.3% | 0.4% | Bearish |
| Feb 2026 2026-02-11 | 0.4% | 0.3% | 0.1% | Bearish |
| Jan 2026 2026-01-09 | 0.3% | 0.3% | 0.2% | In line |
| Jan 2026 2026-01-08 | 0.3% | 0.3% | 0.2% | In line |
| Dec 2025 2025-12-16 | 0.1% | 0.3% | 0.4% | Bullish |
| Dec 2025 2025-12-15 | 0.1% | 0.3% | 0.4% | Bullish |
| Nov 2025 2025-11-20 | 3.8% | 3.7% | 3.8% | Bearish |
| Sep 2025 2025-09-05 | 0.3% | 0.3% | 0.3% | In line |
| Aug 2025 2025-08-01 | 0.3% | 0.3% | 0.2% | In line |
| Jul 2025 2025-07-03 | 0.2% | 0.3% | 0.4% | Bullish |
| Jun 2025 2025-06-06 | 0.4% | 0.3% | 0.2% | Bearish |
| May 2025 2025-05-02 | 0.2% | 0.3% | 0.3% | Bullish |
| Apr 2025 2025-04-04 | 0.3% | 0.3% | 0.2% | In line |
| Mar 2025 2025-03-07 | 0.3% | 0.3% | 0.4% | In line |
| Feb 2025 2025-02-07 | 0.5% | 0.3% | 0.3% | Bearish |
| Jan 2025 2025-01-10 | 0.3% | 0.3% | 0.4% | In line |
| Dec 2024 2024-12-06 | 0.4% | 0.3% | 0.4% | Bearish |
| Nov 2024 2024-11-01 | 0.4% | 0.3% | 0.3% | Bearish |
“Read” is Tape Desk's own bullish/bearish call on how the surprise usually lands for US stock indexes. It is a rule of thumb, not advice.
Tape Desk puts the US economic calendar next to a live market-moving news tape, so you see the actual the second it prints instead of refreshing a calendar page. High-impact releases fire an alert 15 minutes ahead and again on release.