Historical Year Data · 2016
Avg Hourly Earnings (Private) in 2016
Avg Hourly Earnings (Private) opened 2016 at $25.37 and closed at $25.93, a +2.21% move for the year. The high of $25.93 was reached on December 1, and the low of $25.37 on January 1.
Open
$25.37
2016-01
Close
$25.93
12 data points
High
$25.93
Dec 1
Low
$25.37
Jan 1
Full Year Change
+2.21%
2015 Change
+2.06%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $25.37 | $25.37 | $25.37 | $25.37 | +0.00% |
| Feb | $25.38 | $25.38 | $25.38 | $25.38 | +0.00% |
| Mar | $25.45 | $25.45 | $25.45 | $25.45 | +0.00% |
| Apr | $25.53 | $25.53 | $25.53 | $25.53 | +0.00% |
| May | $25.58 | $25.58 | $25.58 | $25.58 | +0.00% |
| Jun | $25.62 | $25.62 | $25.62 | $25.62 | +0.00% |
| Jul | $25.69 | $25.69 | $25.69 | $25.69 | +0.00% |
| Aug | $25.71 | $25.71 | $25.71 | $25.71 | +0.00% |
| Sep | $25.77 | $25.77 | $25.77 | $25.77 | +0.00% |
| Oct | $25.9 | $25.9 | $25.9 | $25.9 | +0.00% |
| Nov | $25.9 | $25.9 | $25.9 | $25.9 | +0.00% |
| Dec | $25.93 | $25.93 | $25.93 | $25.93 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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