Historical Year Data · 2023
Avg Hourly Earnings (Private) in 2023
Avg Hourly Earnings (Private) opened 2023 at $33.02 and closed at $34.29, a +3.85% move for the year. The high of $34.29 was reached on December 1, and the low of $33.02 on January 1.
Open
$33.02
2023-01
Close
$34.29
12 data points
High
$34.29
Dec 1
Low
$33.02
Jan 1
Full Year Change
+3.85%
2022 Change
+4.24%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $33.02 | $33.02 | $33.02 | $33.02 | +0.00% |
| Feb | $33.15 | $33.15 | $33.15 | $33.15 | +0.00% |
| Mar | $33.27 | $33.27 | $33.27 | $33.27 | +0.00% |
| Apr | $33.43 | $33.43 | $33.43 | $33.43 | +0.00% |
| May | $33.5 | $33.5 | $33.5 | $33.5 | +0.00% |
| Jun | $33.69 | $33.69 | $33.69 | $33.69 | +0.00% |
| Jul | $33.85 | $33.85 | $33.85 | $33.85 | +0.00% |
| Aug | $33.89 | $33.89 | $33.89 | $33.89 | +0.00% |
| Sep | $34.01 | $34.01 | $34.01 | $34.01 | +0.00% |
| Oct | $34.08 | $34.08 | $34.08 | $34.08 | +0.00% |
| Nov | $34.17 | $34.17 | $34.17 | $34.17 | +0.00% |
| Dec | $34.29 | $34.29 | $34.29 | $34.29 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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