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US wages rise 0.8% in Q3 and 3.1% over the year

Private industry wages and salaries rose 0.8% in the third quarter of 2026, seasonally adjusted, and 3.1% over the 12 months to September. The Bureau of Labor Statistics published the Employment Cost Index on 30 October.

The Bureau of Labor Statistics published its Employment Cost Index for the third quarter of 2026 at 8:30 a.m. Eastern on Friday 30 October. Private industry wages and salaries rose 0.8% from the second quarter, seasonally adjusted, and 3.1% over the 12 months to September, not seasonally adjusted. Benefit costs rose 0.9% over the quarter and 3.9% over the year (BLS, Employment Cost Index, 2026 Q3).

US wages rise 0.8% in Q3 and 3.1% over the year — risk-reward diagram
A risk-reward ratio of 1 to 2

Key figures

  • Wages and salaries, quarter on quarter: +0.8%, seasonally adjusted
  • Wages and salaries, 12 months: +3.1%
  • Benefit costs, quarter on quarter: +0.9%
  • Benefit costs, 12 months: +3.9%
US wages rise 0.8% in Q3 and 3.1% over the year — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The jobs report for October, due on Friday 6 November, is in US jobs report for October due Friday 6 November.

Sources

  1. Bureau of Labor Statistics: Employment Cost Index, 2026 Q3

Common questions

How much did US private wages rise in Q3 2026?

0.8% from the second quarter, seasonally adjusted, and 3.1% over the 12 months, according to the Bureau of Labor Statistics.

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