Mind the wage gap: Cumulative nominal average hourly earnings, actual and hypothetical if they had grown at 4% since the recession began, 2007–2014
| Actual average hourly earnings of all private employees | Hypothetical, assuming 4% growth* | |
|---|---|---|
| Jan-2007 | $20.6 | |
| Feb-2007 | 20.68 | |
| Mar-2007 | 20.77 | |
| Apr-2007 | 20.83 | |
| May-2007 | 20.88 | |
| Jun-2007 | 21 | |
| Jul-2007 | 21 | |
| Aug-2007 | 21.04 | |
| Sep-2007 | 21.07 | |
| Oct-2007 | 21.11 | |
| Nov-2007 | 21.16 | |
| Dec-2007 | 21.21 | $21.21 |
| Jan-2008 | 21.24 | 21.27943602 |
| Feb-2008 | 21.31 | 21.34909936 |
| Mar-2008 | 21.4 | 21.41899075 |
| Apr-2008 | 21.42 | 21.48911096 |
| May-2008 | 21.51 | 21.55946071 |
| Jun-2008 | 21.56 | 21.63004078 |
| Jul-2008 | 21.63 | 21.7008519 |
| Aug-2008 | 21.73 | 21.77189484 |
| Sep-2008 | 21.76 | 21.84317036 |
| Oct-2008 | 21.81 | 21.91467922 |
| Nov-2008 | 21.92 | 21.98642218 |
| Dec-2008 | 21.98 | 22.0584 |
| Jan-2009 | 21.99 | 22.13061346 |
| Feb-2009 | 22.05 | 22.20306333 |
| Mar-2009 | 22.08 | 22.27575038 |
| Apr-2009 | 22.11 | 22.34867539 |
| May-2009 | 22.12 | 22.42183914 |
| Jun-2009 | 22.15 | 22.49524241 |
| Jul-2009 | 22.19 | 22.56888598 |
| Aug-2009 | 22.26 | 22.64277064 |
| Sep-2009 | 22.26 | 22.71689718 |
| Oct-2009 | 22.32 | 22.79126639 |
| Nov-2009 | 22.37 | 22.86587906 |
| Dec-2009 | 22.38 | 22.940736 |
| Jan-2010 | 22.42 | 23.015838 |
| Feb-2010 | 22.45 | 23.09118586 |
| Mar-2010 | 22.47 | 23.1667804 |
| Apr-2010 | 22.5 | 23.24262241 |
| May-2010 | 22.54 | 23.31871271 |
| Jun-2010 | 22.54 | 23.3950521 |
| Jul-2010 | 22.6 | 23.47164142 |
| Aug-2010 | 22.64 | 23.54848146 |
| Sep-2010 | 22.68 | 23.62557306 |
| Oct-2010 | 22.74 | 23.70291704 |
| Nov-2010 | 22.74 | 23.78051422 |
| Dec-2010 | 22.77 | 23.85836544 |
| Jan-2011 | 22.86 | 23.93647152 |
| Feb-2011 | 22.86 | 24.0148333 |
| Mar-2011 | 22.88 | 24.09345161 |
| Apr-2011 | 22.93 | 24.17232731 |
| May-2011 | 23 | 24.25146121 |
| Jun-2011 | 23.02 | 24.33085419 |
| Jul-2011 | 23.11 | 24.41050707 |
| Aug-2011 | 23.08 | 24.49042072 |
| Sep-2011 | 23.12 | 24.57059599 |
| Oct-2011 | 23.22 | 24.65103372 |
| Nov-2011 | 23.2 | 24.73173479 |
| Dec-2011 | 23.22 | 24.81270006 |
| Jan-2012 | 23.25 | 24.89393038 |
| Feb-2012 | 23.3 | 24.97542663 |
| Mar-2012 | 23.37 | 25.05718968 |
| Apr-2012 | 23.4 | 25.1392204 |
| May-2012 | 23.41 | 25.22151966 |
| Jun-2012 | 23.47 | 25.30408836 |
| Jul-2012 | 23.52 | 25.38692736 |
| Aug-2012 | 23.51 | 25.47003755 |
| Sep-2012 | 23.58 | 25.55341983 |
| Oct-2012 | 23.56 | 25.63707507 |
| Nov-2012 | 23.64 | 25.72100419 |
| Dec-2012 | 23.71 | 25.80520806 |
| Jan-2013 | 23.75 | 25.8896876 |
| Feb-2013 | 23.79 | 25.9744437 |
| Mar-2013 | 23.81 | 26.05947727 |
| Apr-2013 | 23.86 | 26.14478921 |
| May-2013 | 23.89 | 26.23038045 |
| Jun-2013 | 23.98 | 26.31625189 |
| Jul-2013 | 23.97 | 26.40240445 |
| Aug-2013 | 24.03 | 26.48883905 |
| Sep-2013 | 24.06 | 26.57555662 |
| Oct-2013 | 24.09 | 26.66255808 |
| Nov-2013 | 24.15 | 26.74984435 |
| Dec-2013 | 24.17 | 26.83741638 |
| Jan-2014 | 24.22 | 26.9252751 |
| Feb-2014 | 24.29 | 27.01342144 |
| Mar-2014 | 24.32 | 27.10185636 |
| Apr-2014 | 24.33 | 27.19058078 |
| May-2014 | 24.38 | 27.27959567 |
| Jun-2014 | 24.45 | 27.36890197 |
| Jul-2014 | 24.46 | 27.45850063 |
| Aug-2014 | 24.54 | 27.54839261 |
| Sep-2014 | 24.53 | 27.63857888 |
| Oct-2014 | 24.57 | 27.7290604 |
| Nov-2014 | 24.66 | 27.8198381 |
* Nominal wage growth consistent with the Federal Reserve Board's 2 percent inflation target, 2 percent productivity growth, and a stable labor share of income.
Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series