Year-over-year change in private-sector nominal average hourly earnings, 2007–2014

All nonfarm employees Production/nonsupervisory workers
Mar-2007 3.6427146% 4.1112455%
Apr-2007 3.3234127% 3.8461538%
May-2007 3.7257824% 4.1441441%
Jun-2007 3.8575668% 4.1267943%
Jul-2007 3.4482759% 4.0524434%
Aug-2007 3.5433071% 4.0404040%
Sep-2007 3.2337090% 4.1493776%
Oct-2007 3.2778865% 3.7780401%
Nov-2007 3.3203125% 3.8869258%
Dec-2007 3.1113272% 3.8123167%
Jan-2008 3.1067961% 3.8619075%
Feb-2008 3.0464217% 3.7296037%
Mar-2008 3.0332210% 3.7746806%
Apr-2008 2.8324532% 3.7037037%
May-2008 3.0172414% 3.6908881%
Jun-2008 2.6666667% 3.6186100%
Jul-2008 3.0000000% 3.7227950%
Aug-2008 3.2794677% 3.8263849%
Sep-2008 3.2747983% 3.6425726%
Oct-2008 3.3159640% 3.9249147%
Nov-2008 3.5916824% 3.8548753%
Dec-2008 3.6303630% 3.8418079%
Jan-2009 3.5310734% 3.7183099%
Feb-2009 3.4725481% 3.6516854%
Mar-2009 3.1775701% 3.5254617%
Apr-2009 3.2212885% 3.2924107%
May-2009 2.8358903% 3.0589544%
Jun-2009 2.7365492% 2.9379157%
Jul-2009 2.5889968% 2.7056875%
Aug-2009 2.4390244% 2.6402640%
Sep-2009 2.2977941% 2.7457441%
Oct-2009 2.3383769% 2.6272578%
Nov-2009 2.0529197% 2.6746725%
Dec-2009 1.8198362% 2.5027203%
Jan-2010 1.9554343% 2.6072787%
Feb-2010 1.8140590% 2.4932249%
Mar-2010 1.7663043% 2.2702703%
Apr-2010 1.7639077% 2.4311183%
May-2010 1.8987342% 2.5903940%
Jun-2010 1.7607223% 2.4771136%
Jul-2010 1.8476791% 2.4731183%
Aug-2010 1.7070979% 2.4115756%
Sep-2010 1.8867925% 2.2447889%
Oct-2010 1.8817204% 2.5066667%
Nov-2010 1.6540009% 2.1796917%
Dec-2010 1.7426273% 2.0169851%
Jan-2011 1.9625335% 2.2233986%
Feb-2011 1.8262806% 2.1152829%
Mar-2011 1.8246551% 2.1141649%
Apr-2011 1.9111111% 2.1097046%
May-2011 2.0408163% 2.1041557%
Jun-2011 2.1295475% 2.0493957%
Jul-2011 2.2566372% 2.2560336%
Aug-2011 1.9434629% 1.9884877%
Sep-2011 1.9400353% 1.9864088%
Oct-2011 2.1108179% 1.7169615%
Nov-2011 2.0228672% 1.8210198%
Dec-2011 1.9762846% 1.8210198%
Jan-2012 1.7060367% 1.3982393%
Feb-2012 1.9247594% 1.5018125%
Mar-2012 2.1416084% 1.7080745%
Apr-2012 2.0497165% 1.7561983%
May-2012 1.7826087% 1.4425554%
Jun-2012 1.9548219% 1.5447992%
Jul-2012 1.7741238% 1.3853258%
Aug-2012 1.8630849% 1.3340174%
Sep-2012 1.9896194% 1.3839057%
Oct-2012 1.4642550% 1.2787724%
Nov-2012 1.8965517% 1.4307614%
Dec-2012 2.1102498% 1.6351559%
Jan-2013 2.1505376% 1.8896834%
Feb-2013 2.1030043% 2.0408163%
Mar-2013 1.8827557% 1.8829517%
Apr-2013 1.9658120% 1.7258883%
May-2013 2.0504058% 1.8791265%
Jun-2013 2.1729868% 2.0283976%
Jul-2013 1.9132653% 1.9736842%
Aug-2013 2.2118248% 2.1265823%
Sep-2013 2.0356234% 2.1739130%
Oct-2013 2.2495756% 2.2727273%
Nov-2013 2.1573604% 2.2670025%
Dec-2013 1.9401097% 2.3127200%
Jan-2014 1.9789474% 2.2055138%
Feb-2014 2.1017234% 2.4500000%
Mar-2014 2.1419572% 2.2977023%
Apr-2014 1.9698240% 2.2954092%
May-2014 2.0510674% 2.3928215%
Jun-2014 1.9599666% 2.2862823%
Jul-2014 2.0442219% 2.2828784%
Aug-2014 2.1223471% 2.4789291%
Sep-2014 1.9950125% 2.2761009%
Oct-2014 1.9510170% 2.2222222%
Nov-2014 1.9461698% 2.1674877%
Dec-2014 1.6549441% 1.6216216%

Nominal wage growth consistent with the Federal Reserve Board's 2 percent inflation target, 1.5 percent productivity growth, and a stable labor share of income

Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series

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