Year-over-year growth in wages
Date | Actual | Autopilot projection |
---|---|---|
Jan-2015 | 2.19% | |
Feb-2015 | 1.93% | |
Mar-2015 | 2.22% | |
Apr-2015 | 2.22% | |
May-2015 | 2.34% | |
Jun-2015 | 2.17% | |
Jul-2015 | 2.12% | |
Aug-2015 | 2.24% | |
Sep-2015 | 2.24% | |
Oct-2015 | 2.52% | |
Nov-2015 | 2.43% | |
Dec-2015 | 2.56% | |
Jan-2016 | 2.55% | |
Feb-2016 | 2.38% | |
Mar-2016 | 2.50% | |
Apr-2016 | 2.61% | |
May-2016 | 2.44% | |
Jun-2016 | 2.56% | |
Jul-2016 | 2.76% | |
Aug-2016 | 2.47% | |
Sep-2016 | 2.63% | |
Oct-2016 | 2.70% | |
Nov-2016 | 2.57% | |
Dec-2016 | 2.65% | |
Jan-2017 | 2.40% | 2.54% |
Feb-2017 | 2.72% | 2.56% |
Mar-2017 | 2.55% | 2.59% |
Apr-2017 | 2.51% | 2.61% |
May-2017 | 2.46% | 2.63% |
Jun-2017 | 2.50% | 2.65% |
Jul-2017 | 2.49% | 2.67% |
Aug-2017 | 2.60% | 2.70% |
Sep-2017 | 2.83% | 2.72% |
Oct-2017 | 2.28% | 2.74% |
Nov-2017 | 2.47% | 2.76% |
Dec-2017 | 2.66% | 2.78% |
Jan-2018 | 2.77% | 2.80% |
Feb-2018 | 2.57% | 2.83% |
Mar-2018 | 2.64% | 2.85% |
Apr-2018 | 2.56% | 2.87% |
May-2018 | 2.71% | 2.89% |
Jun-2018 | 2.91% | |
Jul-2018 | 2.94% | |
Aug-2018 | 2.96% | |
Sep-2018 | 2.98% | |
Oct-2018 | 3.00% | |
Nov-2018 | 3.02% | |
Dec-2018 | 3.04% | |
Jan-2019 | 3.07% |
The target is 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. Wages are for nonfarm employees.
Source: EPI analysis of Bureau of Labor Statistics' Current Employment Statistics public data series