Figure A
Clear recent deceleration in wage growth: Year-over-year change and quarterly changes in average hourly earnings
| date | 12-month change | 3-month change |
|---|---|---|
| 2017-01-01 | 2.4% | 2.3% |
| 2017-02-01 | 2.7% | 2.2% |
| 2017-03-01 | 2.6% | 2.4% |
| 2017-04-01 | 2.5% | 2.8% |
| 2017-05-01 | 2.5% | 2.6% |
| 2017-06-01 | 2.5% | 2.6% |
| 2017-07-01 | 2.6% | 2.6% |
| 2017-08-01 | 2.6% | 2.7% |
| 2017-09-01 | 2.8% | 3.0% |
| 2017-10-01 | 2.3% | 2.6% |
| 2017-11-01 | 2.5% | 2.6% |
| 2017-12-01 | 2.7% | 2.0% |
| 2018-01-01 | 2.8% | 2.7% |
| 2018-02-01 | 2.6% | 2.9% |
| 2018-03-01 | 2.8% | 3.3% |
| 2018-04-01 | 2.8% | 3.0% |
| 2018-05-01 | 2.9% | 3.2% |
| 2018-06-01 | 2.9% | 3.2% |
| 2018-07-01 | 2.8% | 3.3% |
| 2018-08-01 | 3.2% | 3.3% |
| 2018-09-01 | 3.0% | 3.5% |
| 2018-10-01 | 3.3% | 3.6% |
| 2018-11-01 | 3.3% | 3.4% |
| 2018-12-01 | 3.3% | 3.3% |
| 2019-01-01 | 3.2% | 3.2% |
| 2019-02-01 | 3.4% | 3.3% |
| 2019-03-01 | 3.2% | 3.0% |
| 2019-04-01 | 3.2% | 2.9% |
| 2019-05-01 | 3.1% | 2.7% |
| 2019-06-01 | 3.1% | 2.7% |
Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series
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