Figure B
Average worker’s wages beat inflation by 1.2 points over past 2 years: Annualized growth rate, June 2022–June 2024
| Annualized growth rate | |
|---|---|
| Average hourly earnings, production-nonsupervisory workers | 4.2% |
| CPI inflation | 3.0% |
Source: EPI analysis of Bureau of Labor Statistics' Current Employment Statistics (CES) and Consumer Price Index (CPI-U) public data series.
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