Makrognosis

United States Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted

MonthlyNot seasonally adjustedCode US.AHE.M.NSA.IND-55524292

Latest (y/y)−1.3%September 2026
Previous (y/y)−0.5%August 2026
Level44.26 USD/hourSeptember 2026

United States Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted was down 1.3% year on year in September 2026, compared with −0.5% in August 2026.

The level stood at 44.26 USD/hour.

That is the lowest reading since April 2021.

Over the past ten years it has ranged from −2.7% (Apr 2021) to 10.7% (Dec 2024), averaging 4.2%.

United States Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted, annual % change, Mar 2007 – Sep 2026−5%0%5%10%15%2010201520202025Robomacro
United States Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted, annual % change, Mar 2007 – Sep 2026. Source: U.S. Bureau of Labor Statistics (flat files).
United States Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted, level (USD/hour)2025303540452010201520202025Robomacro
United States Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted, level (USD/hour).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 202644.26 USD/hour−1.3
August 202644.97 USD/hour−0.5
July 202644.85 USD/hour−0.2
June 202644.93 USD/hour1.4
May 202645.26 USD/hour2.0
April 202645.20 USD/hour1.9
March 202645.69 USD/hour2.9
February 202645.29 USD/hour1.7
January 202646.31 USD/hour4.8
December 202544.93 USD/hour1.2
November 202544.59 USD/hour1.6
October 202544.18 USD/hour2.1
September 202544.83 USD/hour2.5
August 202545.19 USD/hour3.8
July 202544.92 USD/hour3.5
June 202544.32 USD/hour3.2
May 202544.37 USD/hour5.6
April 202544.34 USD/hour4.9
March 202544.42 USD/hour6.3
February 202544.54 USD/hour6.5
January 202544.20 USD/hour6.8
December 202444.38 USD/hour10.7
November 202443.89 USD/hour9.6
October 202443.27 USD/hour6.7

Last 24 observations. The full history (247 observations) is available through the API.

Get United States Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted in your code or spreadsheet

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curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.AHE.M.NSA.IND-55524292"

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import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.AHE.M.NSA.IND-55524292",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
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About this series

Latest observationSeptember 2026
First observationMarch 2006
Observations247
FrequencyMonthly
UnitsUSD/hour
AdjustmentNot seasonally adjusted
10-year high10.7% (Dec 2024)
10-year low−2.7% (Apr 2021)
10-year average4.2%
Source agencyU.S. Bureau of Labor Statistics (flat files)
Makrognosis codeUS.AHE.M.NSA.IND-55524292

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FAQ

What is the current average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted in United States?
The latest reading is −1.3% year on year for September 2026, published by U.S. Bureau of Labor Statistics (flat files).
Where does this data come from?
It is collected directly from U.S. Bureau of Labor Statistics (flat files) and is available through the Makrognosis API under the code US.AHE.M.NSA.IND-55524292.

Last updated 2026-11-08. Source: U.S. Bureau of Labor Statistics (flat files). Original title: “Average hourly earnings of all employees, pharmacy benefit management and other third party administration of insurance and pension funds, not seasonally adjusted”.