When the CPS is smoothed using a three-year moving average, the CPS and CES exhibit similar trends: CES wages and three-year averages of CPS wages, year-over-year percent change, nominal, 2000–2017

Year CPS median wage, 3-year average CPS average wage, 3-year average CES all private-sector employee wages  CES private-sector production and nonsupervisory employee wages 
2000 3.9% 4.7% 3.9%
2001 4.4% 4.6% 3.8%
2002 3.2% 4.2% 2.9%
2003 3.7% 3.5% 2.7%
2004 2.7% 2.8% 2.1%
2005 3.0% 2.6% 2.7%
2006 3.0% 3.0% 3.9%
2007 2.5% 3.4% 4.0%
2008 3.1% 3.9% 3.1% 3.8%
2009 2.4% 3.3% 2.8% 3.0%
2010 2.0% 2.4% 1.9% 2.4%
2011 0.7% 1.3% 2.0% 2.0%
2012 0.7% 1.5% 1.9% 1.5%
2013 1.4% 1.8% 2.1% 2.1%
2014 1.7% 1.9% 2.1% 2.3%
2015 1.6% 2.3% 2.3% 2.1%
2016 2.4% 2.9% 2.6% 2.5%
2017 2.7% 3.4% 2.5% 2.3%

Source: EPI analysis of Current Population Survey Outgoing Rotation Group microdata and Current Employment Statistics data

View the underlying data on epi.org.