Institutions project US May average hourly earnings YoY at 3.3–3.5% (April 3.6%), with a central tendency around 3.4% (Reuters survey 3.4%). Month-on-month forecasts cluster at +0.3% (April +0.2%; Reuters +0.3%), with some estimates at +0.2% and a fe

2026-06-05

Institutions project US May average hourly earnings YoY at 3.3–3.5% (April 3.6%), with a central tendency around 3.4% (Reuters survey 3.4%). Month-on-month forecasts cluster at +0.3% (April +0.2%; Reuters +0.3%), with some estimates at +0.2% and a few outliers at +0.4%.