Year-over-year wage growth by different measures, 1997–2016

Production/nonsupervisory workers All private sector workers Atlanta Fed Wage Growth Tracker
Jan-1997 3.5%
Feb-1997 3.8%
Mar-1997 4.0% 4.5%
Apr-1997 3.7% 4.6%
May-1997 3.8% 4.5%
Jun-1997 3.6% 4.6%
Jul-1997 3.6% 4.7%
Aug-1997 4.0% 4.9%
Sep-1997 3.8% 4.8%
Oct-1997 4.2% 4.8%
Nov-1997 4.2% 4.8%
Dec-1997 4.1% 4.9%
Jan-1998 4.1% 4.8%
Feb-1998 4.2% 4.8%
Mar-1998 4.1% 4.6%
Apr-1998 4.3% 4.8%
May-1998 4.3% 5.1%
Jun-1998 4.3% 5.4%
Jul-1998 4.1% 5.3%
Aug-1998 4.1% 5.2%
Sep-1998 4.0% 5.0%
Oct-1998 3.8% 5.0%
Nov-1998 3.5% 4.9%
Dec-1998 3.6% 5.0%
Jan-1999 3.8% 5.0%
Feb-1999 3.6% 5.0%
Mar-1999 3.5% 5.2%
Apr-1999 3.6% 5.2%
May-1999 3.5% 5.2%
Jun-1999 3.7% 4.9%
Jul-1999 3.9% 5.0%
Aug-1999 3.5% 4.9%
Sep-1999 3.8% 5.0%
Oct-1999 3.7% 5.1%
Nov-1999 3.7% 5.2%
Dec-1999 3.7% 5.0%
Jan-2000 3.6% 4.8%
Feb-2000 3.8% 4.8%
Mar-2000 3.8% 4.8%
Apr-2000 3.9% 4.9%
May-2000 3.8% 4.9%
Jun-2000 3.8% 5.0%
Jul-2000 3.8% 5.1%
Aug-2000 3.9% 5.1%
Sep-2000 3.8% 5.2%
Oct-2000 4.0% 5.2%
Nov-2000 4.2% 5.4%
Dec-2000 4.2% 5.4%
Jan-2001 3.9% 5.3%
Feb-2001 4.1% 5.3%
Mar-2001 4.2% 5.3%
Apr-2001 4.0% 5.3%
May-2001 4.0% 5.1%
Jun-2001 4.1% 5.2%
Jul-2001 3.7% 5.1%
Aug-2001 3.8% 5.2%
Sep-2001 3.6% 5.0%
Oct-2001 3.4% 5.0%
Nov-2001 3.4% 5.0%
Dec-2001 3.3% 5.0%
Jan-2002 3.3% 4.8%
Feb-2002 3.0% 4.7%
Mar-2002 2.8% 4.5%
Apr-2002 2.7% 4.3%
May-2002 2.6% 4.4%
Jun-2002 2.7% 4.2%
Jul-2002 3.0% 4.1%
Aug-2002 2.9% 4.0%
Sep-2002 2.9% 3.9%
Oct-2002 3.1% 3.8%
Nov-2002 2.9% 3.6%
Dec-2002 3.1% 3.6%
Jan-2003 3.1% 3.7%
Feb-2003 3.4% 3.9%
Mar-2003 3.2% 3.7%
Apr-2003 2.9% 3.5%
May-2003 3.0% 3.5%
Jun-2003 2.8% 3.6%
Jul-2003 2.8% 3.7%
Aug-2003 2.7% 3.5%
Sep-2003 2.3% 3.5%
Oct-2003 2.0% 3.4%
Nov-2003 2.1% 3.4%
Dec-2003 1.7% 3.3%
Jan-2004 1.8% 3.3%
Feb-2004 1.6% 3.4%
Mar-2004 1.8% 3.4%
Apr-2004 2.1% 3.4%
May-2004 2.0% 3.4%
Jun-2004 2.0% 3.3%
Jul-2004 1.9% 3.4%
Aug-2004 2.1% 3.5%
Sep-2004 2.3% 3.7%
Oct-2004 2.5% 3.7%
Nov-2004 2.4% 3.7%
Dec-2004 2.6% 3.5%
Jan-2005 2.6% 3.6%
Feb-2005 2.5% 3.5%
Mar-2005 2.6% 3.6%
Apr-2005 2.7% 3.5%
May-2005 2.6% 3.6%
Jun-2005 2.6% 3.8%
Jul-2005 2.9% 3.9%
Aug-2005 2.7% 4.0%
Sep-2005 2.7% 4.0%
Oct-2005 3.0% 4.0%
Nov-2005 2.9% 4.2%
Dec-2005 3.1% 4.1%
Jan-2006 3.3% 4.0%
Feb-2006 3.5% 3.8%
Mar-2006 3.6% 3.8%
Apr-2006 3.9% 3.8%
May-2006 3.8% 3.9%
Jun-2006 4.0% 3.8%
Jul-2006 3.9% 3.7%
Aug-2006 4.1% 3.8%
Sep-2006 4.2% 3.8%
Oct-2006 4.0% 3.8%
Nov-2006 4.2% 3.9%
Dec-2006 4.2% 4.0%
Jan-2007 4.1% 4.3%
Feb-2007 4.1% 4.1%
Mar-2007 4.1% 3.6% 4.3%
Apr-2007 3.8% 3.3% 4.1%
May-2007 4.1% 3.7% 4.1%
Jun-2007 4.1% 3.8% 4.0%
Jul-2007 4.1% 3.4% 4.2%
Aug-2007 4.0% 3.5% 4.3%
Sep-2007 4.1% 3.3% 4.3%
Oct-2007 3.8% 3.3% 4.3%
Nov-2007 3.9% 3.3% 4.2%
Dec-2007 3.8% 3.2% 4.1%
Jan-2008 3.9% 3.1% 3.9%
Feb-2008 3.7% 3.1% 3.9%
Mar-2008 3.8% 3.1% 4.0%
Apr-2008 3.7% 2.9% 4.1%
May-2008 3.7% 3.0% 4.1%
Jun-2008 3.6% 2.7% 4.1%
Jul-2008 3.7% 3.0% 4.0%
Aug-2008 3.8% 3.3% 4.0%
Sep-2008 3.6% 3.2% 4.0%
Oct-2008 3.9% 3.3% 4.0%
Nov-2008 3.9% 3.6% 4.0%
Dec-2008 3.8% 3.6% 3.8%
Jan-2009 3.7% 3.6% 3.6%
Feb-2009 3.7% 3.2% 3.4%
Mar-2009 3.5% 3.1% 3.2%
Apr-2009 3.3% 3.2% 3.2%
May-2009 3.1% 2.8% 3.3%
Jun-2009 2.9% 2.8% 3.1%
Jul-2009 2.7% 2.6% 2.9%
Aug-2009 2.6% 2.4% 2.5%
Sep-2009 2.7% 2.3% 2.3%
Oct-2009 2.6% 2.3% 2.1%
Nov-2009 2.7% 2.1% 2.1%
Dec-2009 2.5% 1.8% 1.7%
Jan-2010 2.6% 2.0% 1.6%
Feb-2010 2.5% 2.0% 1.6%
Mar-2010 2.3% 1.8% 1.9%
Apr-2010 2.4% 1.8% 1.9%
May-2010 2.6% 1.9% 1.6%
Jun-2010 2.5% 1.7% 1.7%
Jul-2010 2.5% 1.8% 1.8%
Aug-2010 2.4% 1.8% 2.0%
Sep-2010 2.3% 1.8% 1.9%
Oct-2010 2.5% 1.9% 1.7%
Nov-2010 2.2% 1.7% 1.7%
Dec-2010 2.1% 1.7% 1.7%
Jan-2011 2.2% 1.9% 1.9%
Feb-2011 2.1% 1.9% 1.9%
Mar-2011 2.1% 1.9% 1.9%
Apr-2011 2.1% 1.9% 1.9%
May-2011 2.2% 2.0% 2.0%
Jun-2011 2.0% 2.1% 2.0%
Jul-2011 2.3% 2.3% 2.2%
Aug-2011 2.0% 1.9% 2.2%
Sep-2011 1.9% 1.9% 2.1%
Oct-2011 1.8% 2.1% 2.1%
Nov-2011 1.8% 2.0% 2.0%
Dec-2011 1.8% 2.0% 2.0%
Jan-2012 1.4% 1.7% 1.9%
Feb-2012 1.5% 1.9% 1.9%
Mar-2012 1.8% 2.1% 2.0%
Apr-2012 1.8% 2.0% 2.2%
May-2012 1.4% 1.8% 2.1%
Jun-2012 1.5% 2.0% 2.2%
Jul-2012 1.3% 1.8% 2.1%
Aug-2012 1.3% 1.8% 2.0%
Sep-2012 1.4% 2.0% 2.1%
Oct-2012 1.3% 1.5% 2.1%
Nov-2012 1.4% 1.9% 2.3%
Dec-2012 1.7% 2.2% 2.3%
Jan-2013 1.9% 2.1% 2.4%
Feb-2013 2.0% 2.1% 2.3%
Mar-2013 1.9% 1.9% 2.2%
Apr-2013 1.7% 2.0% 2.2%
May-2013 1.9% 2.0% 2.2%
Jun-2013 2.0% 2.1% 2.1%
Jul-2013 1.9% 1.9% 2.3%
Aug-2013 2.2% 2.3% 2.4%
Sep-2013 2.2% 2.0% 2.4%
Oct-2013 2.3% 2.2% 2.2%
Nov-2013 2.3% 2.2% 2.0%
Dec-2013 2.2% 1.9% 2.2%
Jan-2014 2.3% 1.9% 2.3%
Feb-2014 2.5% 2.1% 2.5%
Mar-2014 2.4% 2.2% 2.4%
Apr-2014 2.4% 2.0% 2.3%
May-2014 2.4% 2.1% 2.3%
Jun-2014 2.3% 2.0% 2.3%
Jul-2014 2.4% 2.1% 2.4%
Aug-2014 2.5% 2.2% 2.4%
Sep-2014 2.3% 2.0% 2.6%
Oct-2014 2.3% 2.0% 2.8%
Nov-2014 2.3% 2.1% 2.9%
Dec-2014 1.9% 1.8% 2.8%
Jan-2015 2.0% 2.2% 3.0%
Feb-2015 1.7% 2.1% 3.0%
Mar-2015 1.9% 2.2% 3.2%
Apr-2015 2.0% 2.3% 3.3%
May-2015 2.1% 2.3% 3.3%
Jun-2015 2.0% 2.0% 3.2%
Jul-2015 2.0% 2.3% 3.2%
Aug-2015 2.1% 2.3% 3.1%
Sep-2015 2.1% 2.4% 3.0%
Oct-2015 2.4% 2.5% 2.9%
Nov-2015 2.2% 2.4% 3.1%
Dec-2015 2.6% 2.6% 3.1%
Jan-2016 2.5% 2.5% 3.1%
Feb-2016 2.5% 2.4% 3.2%
Mar-2016 2.4% 2.3% 3.2%
Apr-2016 2.5% 2.5% 3.4%

Note: Shaded areas denote recessions. The Atlanta Fed Wage Growth Tracker is a three month moving average.

Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series data and Federal Reserve Bank of Atlanta's Wage Growth Tracker.

View the underlying data on epi.org.