United States Average Weekly Earnings / Wages: 4.3% (July 2021)
United States Average Weekly Earnings / Wages came in at 4.3 on Aug 6, 2021, compared with 3.9 previously. See the full release history, chart, Federal Reserve context, and API access for this series.
- Actual
- 4.3
- Previous
- 3.9
- Forecast
- --
- Next release
- Nov 6, 2026
July 2021
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United States Average Weekly Earnings / Wages release chart
Readings leading into this release, with this print highlighted. Hover or tap a point for its value.

United States Average Weekly Earnings / Wages release analysis
What the release showed
United States Average Weekly Earnings / Wages came in at 4.3 in the release of Aug 6, 2021, up 0.4 from 3.9.
How it compares
This is the highest reading in the 3 releases shown since May 2021.
The series rose in 2 and fell in 0 of those release-to-release moves.
Why Average Weekly Earnings / Wages matters for USD
Wages are the largest cost component for service-sector businesses. Strong wage growth means higher disposable income (supporting demand) but also higher input costs that are typically passed on as price inflation.
How to read it
Accelerating wages above a level consistent with the Federal Reserve's inflation target are usd-supportive because they reinforce a hawkish policy stance. Decelerating wages open the door to rate cuts.
What to watch next
The next United States Average Weekly Earnings / Wages release is due on Nov 6, 2026.
- Year-over-year vs month-over-month tradeoff
- Composition effects when low-wage sectors expand or shrink
- Real wage growth turning positive after a CPI peak
- Negotiated / collectively-bargained wages (eurozone)
Recent United States Average Weekly Earnings / Wages releases
Each release with the date it was published. Full history
| Released | Period | Actual | Previous | Forecast |
|---|---|---|---|---|
| Aug 6, 2021 | July 2021 | 4.3 | 3.9 | -- |
| Jul 2, 2021 | June 2021 | 3.9 | 2.3 | -- |
| Jun 4, 2021 | May 2021 | 2.3 | 0.6 | -- |
Get United States Average Weekly Earnings / Wages data as soon as it is published
This page shows the most recent releases. The API serves the full United States Average Weekly Earnings / Wages history and every other series we cover, with each row stamped with the time the official source published it.
- Full release history with actual, previous and reference period on every row.
- Publication timestamps on each announcement, so backtests only use data that was public at the time.
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Start Free Trial Read the API referenceGET https://api.fxmacrodata.com/v1/announcements/usd/wages
import requests
resp = requests.get(
"https://api.fxmacrodata.com/v1/announcements/usd/wages",
headers={"X-API-Key": "YOUR_API_KEY"},
timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])
Match this release by announcement_id usd_wages_2021-07-31. Forecasts for the same release: /v1/predictions/usd/wages.
Release data snapshot
Citation fields for this announcement.
| Public release ID | usd_wages_2021-08-06 |
|---|---|
| API announcement ID | usd_wages_2021-07-31 |
| Release time | Exact time unavailable |
| Reference period date | 2021-07-31 |
| Actual value | 4.3 |
| Previous value | 3.9 |
| Forecast | -- |
| Surprise | -- |
More United States Average Weekly Earnings / Wages releases
Move through adjacent announcement records for the same series.
Related United States indicators
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Average Hourly Earnings
Measures the change in the price businesses pay for labor.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Initial Jobless Claims
Weekly initial unemployment insurance claims.
Job Openings
Total number of unfilled job positions, a key indicator of labor market demand and tightness.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Common questions about this release
The value, its publication time, the next scheduled date, and the official publisher for United States Average Weekly Earnings / Wages.
What did United States Average Weekly Earnings / Wages come in at, and how did it compare with the forecast and the previous reading?
United States Average Weekly Earnings / Wages was 4.3% year on year in July 2021. The previous reading was 3.9%.
When was this United States Average Weekly Earnings / Wages release published?
The actual publication time is unavailable.
When is the next United States Average Weekly Earnings / Wages release?
The next United States Average Weekly Earnings / Wages release is scheduled for Nov 6, 2026.
What is the official source for United States Average Weekly Earnings / Wages?
BLS publishes the official Average Weekly Earnings / Wages series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.
Raw announcement payload
Field names are preserved for traceability and downstream testing.
{
"announcement_datetime": 1628253000,
"announcement_id": "usd_wages_2021-07-31",
"announcement_source_url": "https://www.bls.gov/news.release/archives/empsit_08062021.htm",
"date": "2021-07-31",
"previous_value": 3.9,
"publication_time_precision": "unknown",
"publication_time_status": "unverified",
"revisions": [
{
"epoch": 1628253000,
"val": 4.3
},
{
"epoch": 1736515800,
"val": 4.3
}
],
"source": "BLS",
"source_url": "https://www.bls.gov/news.release/archives/empsit_08062021.htm",
"source_url_scope": "release",
"val": 4.3
}