← Real-time economic data
Real-time economic data

New Hire Pay Index

Average pay for workers newly hired on the Gusto platform each month. Year over year, it reads as a leading indicator of competition for workers.

Oct 2026 · year over year
+3.0%
$25.92 per hour
View
Adjustment

Average hourly pay for newly hired workers

Year-over-year change
Loading data…
Time frame — drag the handles, or focus the timeline below and use the arrow keys
Feb 2019 – Oct 2026
Average hourly pay for workers hired in the month. Switch to the year-over-year view for the New Hire Pay Index. Source: Gusto payroll data.

Breakdown

Industry · Oct 2026 · change from a year earlier
Break down by
Industry breakdown for average hourly pay for newly hired workers, Oct 2026.
IndustryChange from a year earlier
Mining & Oil+23.0%
Arts & Rec.+19.1%
Information+17.7%
Health Care+7.3%
Transport & Whse+6.9%
Manufacturing+6.2%
Construction+4.5%
Finance & Ins.+4.4%
Prof. & Technical+2.5%
Other Services−0.3%
Accom. & Food−0.5%
Real Estate−0.8%
Admin & Support−0.8%
Retail−1.1%
Wholesale−2.1%
Agriculture−2.6%
Education−5.6%

By region

US Census regions · Oct 2026 · year-over-year change
  • Northeast+5.4%
  • West+4.0%
  • Midwest+2.5%
  • South+2.2%

Explore more