Figure 1
Year-over-year wage growth by different measures, 1997–2016
| Production/nonsupervisory workers | All private sector workers | Atlanta Fed Wage Growth Tracker | |
|---|---|---|---|
| Jan-1997 | 3.5% | ||
| Feb-1997 | 3.8% | ||
| Mar-1997 | 4.0% | 4.5% | |
| Apr-1997 | 3.7% | 4.6% | |
| May-1997 | 3.8% | 4.5% | |
| Jun-1997 | 3.6% | 4.6% | |
| Jul-1997 | 3.6% | 4.7% | |
| Aug-1997 | 4.0% | 4.9% | |
| Sep-1997 | 3.8% | 4.8% | |
| Oct-1997 | 4.2% | 4.8% | |
| Nov-1997 | 4.2% | 4.8% | |
| Dec-1997 | 4.1% | 4.9% | |
| Jan-1998 | 4.1% | 4.8% | |
| Feb-1998 | 4.2% | 4.8% | |
| Mar-1998 | 4.1% | 4.6% | |
| Apr-1998 | 4.3% | 4.8% | |
| May-1998 | 4.3% | 5.1% | |
| Jun-1998 | 4.3% | 5.4% | |
| Jul-1998 | 4.1% | 5.3% | |
| Aug-1998 | 4.1% | 5.2% | |
| Sep-1998 | 4.0% | 5.0% | |
| Oct-1998 | 3.8% | 5.0% | |
| Nov-1998 | 3.5% | 4.9% | |
| Dec-1998 | 3.6% | 5.0% | |
| Jan-1999 | 3.8% | 5.0% | |
| Feb-1999 | 3.6% | 5.0% | |
| Mar-1999 | 3.5% | 5.2% | |
| Apr-1999 | 3.6% | 5.2% | |
| May-1999 | 3.5% | 5.2% | |
| Jun-1999 | 3.7% | 4.9% | |
| Jul-1999 | 3.9% | 5.0% | |
| Aug-1999 | 3.5% | 4.9% | |
| Sep-1999 | 3.8% | 5.0% | |
| Oct-1999 | 3.7% | 5.1% | |
| Nov-1999 | 3.7% | 5.2% | |
| Dec-1999 | 3.7% | 5.0% | |
| Jan-2000 | 3.6% | 4.8% | |
| Feb-2000 | 3.8% | 4.8% | |
| Mar-2000 | 3.8% | 4.8% | |
| Apr-2000 | 3.9% | 4.9% | |
| May-2000 | 3.8% | 4.9% | |
| Jun-2000 | 3.8% | 5.0% | |
| Jul-2000 | 3.8% | 5.1% | |
| Aug-2000 | 3.9% | 5.1% | |
| Sep-2000 | 3.8% | 5.2% | |
| Oct-2000 | 4.0% | 5.2% | |
| Nov-2000 | 4.2% | 5.4% | |
| Dec-2000 | 4.2% | 5.4% | |
| Jan-2001 | 3.9% | 5.3% | |
| Feb-2001 | 4.1% | 5.3% | |
| Mar-2001 | 4.2% | 5.3% | |
| Apr-2001 | 4.0% | 5.3% | |
| May-2001 | 4.0% | 5.1% | |
| Jun-2001 | 4.1% | 5.2% | |
| Jul-2001 | 3.7% | 5.1% | |
| Aug-2001 | 3.8% | 5.2% | |
| Sep-2001 | 3.6% | 5.0% | |
| Oct-2001 | 3.4% | 5.0% | |
| Nov-2001 | 3.4% | 5.0% | |
| Dec-2001 | 3.3% | 5.0% | |
| Jan-2002 | 3.3% | 4.8% | |
| Feb-2002 | 3.0% | 4.7% | |
| Mar-2002 | 2.8% | 4.5% | |
| Apr-2002 | 2.7% | 4.3% | |
| May-2002 | 2.6% | 4.4% | |
| Jun-2002 | 2.7% | 4.2% | |
| Jul-2002 | 3.0% | 4.1% | |
| Aug-2002 | 2.9% | 4.0% | |
| Sep-2002 | 2.9% | 3.9% | |
| Oct-2002 | 3.1% | 3.8% | |
| Nov-2002 | 2.9% | 3.6% | |
| Dec-2002 | 3.1% | 3.6% | |
| Jan-2003 | 3.1% | 3.7% | |
| Feb-2003 | 3.4% | 3.9% | |
| Mar-2003 | 3.2% | 3.7% | |
| Apr-2003 | 2.9% | 3.5% | |
| May-2003 | 3.0% | 3.5% | |
| Jun-2003 | 2.8% | 3.6% | |
| Jul-2003 | 2.8% | 3.7% | |
| Aug-2003 | 2.7% | 3.5% | |
| Sep-2003 | 2.3% | 3.5% | |
| Oct-2003 | 2.0% | 3.4% | |
| Nov-2003 | 2.1% | 3.4% | |
| Dec-2003 | 1.7% | 3.3% | |
| Jan-2004 | 1.8% | 3.3% | |
| Feb-2004 | 1.6% | 3.4% | |
| Mar-2004 | 1.8% | 3.4% | |
| Apr-2004 | 2.1% | 3.4% | |
| May-2004 | 2.0% | 3.4% | |
| Jun-2004 | 2.0% | 3.3% | |
| Jul-2004 | 1.9% | 3.4% | |
| Aug-2004 | 2.1% | 3.5% | |
| Sep-2004 | 2.3% | 3.7% | |
| Oct-2004 | 2.5% | 3.7% | |
| Nov-2004 | 2.4% | 3.7% | |
| Dec-2004 | 2.6% | 3.5% | |
| Jan-2005 | 2.6% | 3.6% | |
| Feb-2005 | 2.5% | 3.5% | |
| Mar-2005 | 2.6% | 3.6% | |
| Apr-2005 | 2.7% | 3.5% | |
| May-2005 | 2.6% | 3.6% | |
| Jun-2005 | 2.6% | 3.8% | |
| Jul-2005 | 2.9% | 3.9% | |
| Aug-2005 | 2.7% | 4.0% | |
| Sep-2005 | 2.7% | 4.0% | |
| Oct-2005 | 3.0% | 4.0% | |
| Nov-2005 | 2.9% | 4.2% | |
| Dec-2005 | 3.1% | 4.1% | |
| Jan-2006 | 3.3% | 4.0% | |
| Feb-2006 | 3.5% | 3.8% | |
| Mar-2006 | 3.6% | 3.8% | |
| Apr-2006 | 3.9% | 3.8% | |
| May-2006 | 3.8% | 3.9% | |
| Jun-2006 | 4.0% | 3.8% | |
| Jul-2006 | 3.9% | 3.7% | |
| Aug-2006 | 4.1% | 3.8% | |
| Sep-2006 | 4.2% | 3.8% | |
| Oct-2006 | 4.0% | 3.8% | |
| Nov-2006 | 4.2% | 3.9% | |
| Dec-2006 | 4.2% | 4.0% | |
| Jan-2007 | 4.1% | 4.3% | |
| Feb-2007 | 4.1% | 4.1% | |
| Mar-2007 | 4.1% | 3.6% | 4.3% |
| Apr-2007 | 3.8% | 3.3% | 4.1% |
| May-2007 | 4.1% | 3.7% | 4.1% |
| Jun-2007 | 4.1% | 3.8% | 4.0% |
| Jul-2007 | 4.1% | 3.4% | 4.2% |
| Aug-2007 | 4.0% | 3.5% | 4.3% |
| Sep-2007 | 4.1% | 3.3% | 4.3% |
| Oct-2007 | 3.8% | 3.3% | 4.3% |
| Nov-2007 | 3.9% | 3.3% | 4.2% |
| Dec-2007 | 3.8% | 3.2% | 4.1% |
| Jan-2008 | 3.9% | 3.1% | 3.9% |
| Feb-2008 | 3.7% | 3.1% | 3.9% |
| Mar-2008 | 3.8% | 3.1% | 4.0% |
| Apr-2008 | 3.7% | 2.9% | 4.1% |
| May-2008 | 3.7% | 3.0% | 4.1% |
| Jun-2008 | 3.6% | 2.7% | 4.1% |
| Jul-2008 | 3.7% | 3.0% | 4.0% |
| Aug-2008 | 3.8% | 3.3% | 4.0% |
| Sep-2008 | 3.6% | 3.2% | 4.0% |
| Oct-2008 | 3.9% | 3.3% | 4.0% |
| Nov-2008 | 3.9% | 3.6% | 4.0% |
| Dec-2008 | 3.8% | 3.6% | 3.8% |
| Jan-2009 | 3.7% | 3.6% | 3.6% |
| Feb-2009 | 3.7% | 3.2% | 3.4% |
| Mar-2009 | 3.5% | 3.1% | 3.2% |
| Apr-2009 | 3.3% | 3.2% | 3.2% |
| May-2009 | 3.1% | 2.8% | 3.3% |
| Jun-2009 | 2.9% | 2.8% | 3.1% |
| Jul-2009 | 2.7% | 2.6% | 2.9% |
| Aug-2009 | 2.6% | 2.4% | 2.5% |
| Sep-2009 | 2.7% | 2.3% | 2.3% |
| Oct-2009 | 2.6% | 2.3% | 2.1% |
| Nov-2009 | 2.7% | 2.1% | 2.1% |
| Dec-2009 | 2.5% | 1.8% | 1.7% |
| Jan-2010 | 2.6% | 2.0% | 1.6% |
| Feb-2010 | 2.5% | 2.0% | 1.6% |
| Mar-2010 | 2.3% | 1.8% | 1.9% |
| Apr-2010 | 2.4% | 1.8% | 1.9% |
| May-2010 | 2.6% | 1.9% | 1.6% |
| Jun-2010 | 2.5% | 1.7% | 1.7% |
| Jul-2010 | 2.5% | 1.8% | 1.8% |
| Aug-2010 | 2.4% | 1.8% | 2.0% |
| Sep-2010 | 2.3% | 1.8% | 1.9% |
| Oct-2010 | 2.5% | 1.9% | 1.7% |
| Nov-2010 | 2.2% | 1.7% | 1.7% |
| Dec-2010 | 2.1% | 1.7% | 1.7% |
| Jan-2011 | 2.2% | 1.9% | 1.9% |
| Feb-2011 | 2.1% | 1.9% | 1.9% |
| Mar-2011 | 2.1% | 1.9% | 1.9% |
| Apr-2011 | 2.1% | 1.9% | 1.9% |
| May-2011 | 2.2% | 2.0% | 2.0% |
| Jun-2011 | 2.0% | 2.1% | 2.0% |
| Jul-2011 | 2.3% | 2.3% | 2.2% |
| Aug-2011 | 2.0% | 1.9% | 2.2% |
| Sep-2011 | 1.9% | 1.9% | 2.1% |
| Oct-2011 | 1.8% | 2.1% | 2.1% |
| Nov-2011 | 1.8% | 2.0% | 2.0% |
| Dec-2011 | 1.8% | 2.0% | 2.0% |
| Jan-2012 | 1.4% | 1.7% | 1.9% |
| Feb-2012 | 1.5% | 1.9% | 1.9% |
| Mar-2012 | 1.8% | 2.1% | 2.0% |
| Apr-2012 | 1.8% | 2.0% | 2.2% |
| May-2012 | 1.4% | 1.8% | 2.1% |
| Jun-2012 | 1.5% | 2.0% | 2.2% |
| Jul-2012 | 1.3% | 1.8% | 2.1% |
| Aug-2012 | 1.3% | 1.8% | 2.0% |
| Sep-2012 | 1.4% | 2.0% | 2.1% |
| Oct-2012 | 1.3% | 1.5% | 2.1% |
| Nov-2012 | 1.4% | 1.9% | 2.3% |
| Dec-2012 | 1.7% | 2.2% | 2.3% |
| Jan-2013 | 1.9% | 2.1% | 2.4% |
| Feb-2013 | 2.0% | 2.1% | 2.3% |
| Mar-2013 | 1.9% | 1.9% | 2.2% |
| Apr-2013 | 1.7% | 2.0% | 2.2% |
| May-2013 | 1.9% | 2.0% | 2.2% |
| Jun-2013 | 2.0% | 2.1% | 2.1% |
| Jul-2013 | 1.9% | 1.9% | 2.3% |
| Aug-2013 | 2.2% | 2.3% | 2.4% |
| Sep-2013 | 2.2% | 2.0% | 2.4% |
| Oct-2013 | 2.3% | 2.2% | 2.2% |
| Nov-2013 | 2.3% | 2.2% | 2.0% |
| Dec-2013 | 2.2% | 1.9% | 2.2% |
| Jan-2014 | 2.3% | 1.9% | 2.3% |
| Feb-2014 | 2.5% | 2.1% | 2.5% |
| Mar-2014 | 2.4% | 2.2% | 2.4% |
| Apr-2014 | 2.4% | 2.0% | 2.3% |
| May-2014 | 2.4% | 2.1% | 2.3% |
| Jun-2014 | 2.3% | 2.0% | 2.3% |
| Jul-2014 | 2.4% | 2.1% | 2.4% |
| Aug-2014 | 2.5% | 2.2% | 2.4% |
| Sep-2014 | 2.3% | 2.0% | 2.6% |
| Oct-2014 | 2.3% | 2.0% | 2.8% |
| Nov-2014 | 2.3% | 2.1% | 2.9% |
| Dec-2014 | 1.9% | 1.8% | 2.8% |
| Jan-2015 | 2.0% | 2.2% | 3.0% |
| Feb-2015 | 1.7% | 2.1% | 3.0% |
| Mar-2015 | 1.9% | 2.2% | 3.2% |
| Apr-2015 | 2.0% | 2.3% | 3.3% |
| May-2015 | 2.1% | 2.3% | 3.3% |
| Jun-2015 | 2.0% | 2.0% | 3.2% |
| Jul-2015 | 2.0% | 2.3% | 3.2% |
| Aug-2015 | 2.1% | 2.3% | 3.1% |
| Sep-2015 | 2.1% | 2.4% | 3.0% |
| Oct-2015 | 2.4% | 2.5% | 2.9% |
| Nov-2015 | 2.2% | 2.4% | 3.1% |
| Dec-2015 | 2.6% | 2.6% | 3.1% |
| Jan-2016 | 2.5% | 2.5% | 3.1% |
| Feb-2016 | 2.5% | 2.4% | 3.2% |
| Mar-2016 | 2.4% | 2.3% | 3.2% |
| Apr-2016 | 2.5% | 2.5% | 3.4% |
Note: Shaded areas denote recessions. The Atlanta Fed Wage Growth Tracker is a three month moving average.
Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series data and Federal Reserve Bank of Atlanta's Wage Growth Tracker.
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