May 2024 Spotlight Hourly Rate

May 2024 Spotlight Hourly Rate. In may, average hourly earnings for all employees on private nonfarm payrolls increased by 14 cents, or 0.4 percent, to $34.91. In this guide, we‘ll break down the key factors that go into calculating your ideal freelance rate as a marketer, share average hourly rate data for a range of.

From april 2023 to april 2024, real average hourly earnings increased 0.5 percent, seasonally adjusted. Meanwhile, unemployment rate decreased to 4.2 percent, marking its first decline in five months;