Nominal Wage Tracker

Key numbers on nominal wages

  • Actual year-over-year growth for private employees: 5.2%

Year-over-year change in private-sector nominal average hourly earnings, 2007–2022

Nominal Wage Tracker

Year-over-year change in private-sector nominal average hourly earnings, 2007–2022

Date All nonfarm employees Production/nonsupervisory workers
Mar-2007 3.4% 4.1%
Apr-2007 3.1% 3.8%
May-2007 3.5% 4.1%
Jun-2007 3.6% 4.2%
Jul-2007 3.2% 4.1%
Aug-2007 3.3% 4.0%
Sep-2007 3.1% 4.1%
Oct-2007 3.0% 3.8%
Nov-2007 3.1% 3.9%
Dec-2007 3.0% 3.8%
Jan-2008 2.9% 3.7%
Feb-2008 2.8% 3.8%
Mar-2008 3.1% 3.8%
Apr-2008 2.8% 3.8%
May-2008 3.0% 3.8%
Jun-2008 2.7% 3.5%
Jul-2008 3.1% 3.7%
Aug-2008 3.3% 3.9%
Sep-2008 3.2% 3.6%
Oct-2008 3.3% 3.8%
Nov-2008 3.6% 3.9%
Dec-2008 3.6% 3.9%
Jan-2009 3.7% 3.8%
Feb-2009 3.4% 3.6%
Mar-2009 3.3% 3.5%
Apr-2009 3.3% 3.3%
May-2009 2.9% 3.1%
Jun-2009 2.8% 2.9%
Jul-2009 2.7% 2.7%
Aug-2009 2.4% 2.7%
Sep-2009 2.5% 2.7%
Oct-2009 2.5% 2.7%
Nov-2009 2.2% 2.7%
Dec-2009 1.9% 2.4%
Jan-2010 2.0% 2.6%
Feb-2010 2.1% 2.5%
Mar-2010 1.8% 2.2%
Apr-2010 1.8% 2.4%
May-2010 1.9% 2.6%
Jun-2010 1.8% 2.5%
Jul-2010 1.8% 2.4%
Aug-2010 1.8% 2.4%
Sep-2010 1.8% 2.2%
Oct-2010 2.0% 2.5%
Nov-2010 1.7% 2.2%
Dec-2010 1.8% 2.1%
Jan-2011 2.0% 2.3%
Feb-2011 1.9% 2.1%
Mar-2011 1.9% 2.1%
Apr-2011 1.9% 2.1%
May-2011 2.0% 2.1%
Jun-2011 2.1% 2.1%
Jul-2011 2.3% 2.3%
Aug-2011 2.0% 1.9%
Sep-2011 1.9% 1.9%
Oct-2011 2.0% 1.9%
Nov-2011 2.0% 1.8%
Dec-2011 2.0% 1.8%
Jan-2012 1.7% 1.4%
Feb-2012 1.7% 1.5%
Mar-2012 2.1% 1.7%
Apr-2012 2.1% 1.7%
May-2012 1.7% 1.4%
Jun-2012 2.0% 1.6%
Jul-2012 1.8% 1.4%
Aug-2012 1.8% 1.4%
Sep-2012 2.0% 1.5%
Oct-2012 1.6% 1.2%
Nov-2012 1.9% 1.4%
Dec-2012 2.2% 1.7%
Jan-2013 2.2% 1.8%
Feb-2013 2.1% 2.0%
Mar-2013 1.9% 1.9%
Apr-2013 2.1% 1.8%
May-2013 2.1% 1.9%
Jun-2013 2.2% 2.0%
Jul-2013 2.0% 2.0%
Aug-2013 2.3% 2.2%
Sep-2013 2.1% 2.3%
Oct-2013 2.2% 2.3%
Nov-2013 2.2% 2.4%
Dec-2013 1.9% 2.2%
Jan-2014 1.9% 2.3%
Feb-2014 2.3% 2.6%
Mar-2014 2.1% 2.4%
Apr-2014 2.0% 2.4%
May-2014 2.1% 2.4%
Jun-2014 2.0% 2.2%
Jul-2014 2.1% 2.3%
Aug-2014 2.2% 2.5%
Sep-2014 2.1% 2.2%
Oct-2014 2.0% 2.2%
Nov-2014 2.0% 2.2%
Dec-2014 2.0% 1.8%
Jan-2015 2.1% 2.0%
Feb-2015 1.9% 1.5%
Mar-2015 2.2% 1.9%
Apr-2015 2.3% 1.9%
May-2015 2.3% 2.2%
Jun-2015 2.2% 2.1%
Jul-2015 2.2% 2.0%
Aug-2015 2.2% 2.0%
Sep-2015 2.2% 2.1%
Oct-2015 2.5% 2.4%
Nov-2015 2.4% 2.1%
Dec-2015 2.5% 2.6%
Jan-2016 2.5% 2.5%
Feb-2016 2.5% 2.6%
Mar-2016 2.5% 2.5%
Apr-2016 2.6% 2.6%
May-2016 2.4% 2.3%
Jun-2016 2.6% 2.5%
Jul-2016 2.7% 2.6%
Aug-2016 2.5% 2.5%
Sep-2016 2.6% 2.5%
Oct-2016 2.7% 2.5%
Nov-2016 2.7% 2.5%
Dec-2016 2.7% 2.5%
Jan-2017 2.6% 2.3%
Feb-2017 2.7% 2.5%
Mar-2017 2.6% 2.2%
Apr-2017 2.5% 2.2%
May-2017 2.5% 2.3%
Jun-2017 2.5% 2.3%
Jul-2017 2.6% 2.3%
Aug-2017 2.5% 2.3%
Sep-2017 2.8% 2.5%
Oct-2017 2.4% 2.1%
Nov-2017 2.4% 2.3%
Dec-2017 2.7% 2.4%
Jan-2018 2.7% 2.7%
Feb-2018 2.6% 2.5%
Mar-2018 2.8% 2.8%
Apr-2018 2.8% 2.7%
May-2018 2.9% 2.9%
Jun-2018 2.9% 2.9%
Jul-2018 2.8% 2.9%
Aug-2018 3.2% 3.1%
Sep-2018 3.1% 3.0%
Oct-2018 3.3% 3.3%
Nov-2018 3.4% 3.4%
Dec-2018 3.4% 3.6%
Jan-2019 3.3% 3.3%
Feb-2019 3.6% 3.6%
Mar-2019 3.5% 3.6%
Apr-2019 3.3% 3.5%
May-2019 3.3% 3.5%
Jun-2019 3.4% 3.5%
Jul-2019 3.4% 3.7%
Aug-2019 3.4% 3.7%
Sep-2019 3.1% 3.6%
Oct-2019 3.2% 3.7%
Nov-2019 3.4% 3.6%
Dec-2019 2.9% 3.2%
Jan-2020 3.0% 3.3%
Feb-2020 3.1% 3.5%
Mar-2020 3.6% 3.8%
Apr-2020 8.0% 7.7%
May-2020 6.7% 6.8%
Jun-2020 5.1% 5.7%
Jul-2020 4.9% 4.9%
Aug-2020 4.8% 5.0%
Sep-2020 4.8% 4.7%
Oct-2020 4.6% 4.6%
Nov-2020 4.6% 4.7%
Dec-2020 5.5% 5.6%
Jan-2021 5.3% 5.3%
Feb-2021 5.2% 5.1%
Mar-2021 4.4% 4.8%
Apr-2021 0.6% 1.5%
May-2021 2.2% 2.8%
Jun-2021 4.0% 4.1%
Jul-2021 4.3% 5.1%
Aug-2021 4.3% 5.2%
Sep-2021 4.8% 5.9%
Oct-2021 5.4% 6.4%
Nov-2021 5.3% 6.5%
Dec-2021 4.9% 6.2%
Jan-2022 5.4% 6.7%
Feb-2022 5.2% 6.7%
Mar-2022 5.6% 6.7%
Apr-2022 5.5% 6.6%
May-2022 5.3% 6.4%
Jun-2022 5.2% 6.4%
Jul-2022 5.2% 6.2%
Aug-2022 5.2% 6.0%
Sep-2022 5.0% 5.8%
Oct-2022 4.7% 5.5%
ChartData Download data

The data below can be saved or copied directly into Excel.

Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series. 

Copy the code below to embed this chart on your website.

Mind the wage gap: Cumulative nominal average hourly earnings, actual and hypothetical if they had grown at 3.5% since the recession began, 2007–2022

Nominal Wage Tracker

Mind the wage gap: Cumulative nominal average hourly earnings, actual and hypothetical if they had grown at 3.5% since the recession began, 2007–2022

Date Average hourly earnings of all private employees Hypothetical, assuming 3.5% growth* Gap
Jan-2007 $20.60
Feb-2007 $20.68
Mar-2007 $20.72
Apr-2007 $20.79
May-2007 $20.84
Jun-2007 $20.95
Jul-2007 $20.95
Aug-2007 $21.00
Sep-2007 $21.04
Oct-2007 $21.06
Nov-2007 $21.12
Dec-2007 $21.18 $21.18 $0.00
Jan-2008 $21.19 $21.24 $0.05
Feb-2008 $21.26 $21.30 $0.04
Mar-2008 $21.36 $21.36 $0.00
Apr-2008 $21.38 $21.42 $0.04
May-2008 $21.47 $21.49 $0.02
Jun-2008 $21.52 $21.55 $0.03
Jul-2008 $21.59 $21.61 $0.02
Aug-2008 $21.70 $21.67 -$0.03
Sep-2008 $21.72 $21.73 $0.01
Oct-2008 $21.76 $21.80 $0.04
Nov-2008 $21.88 $21.86 -$0.02
Dec-2008 $21.94 $21.92 -$0.02
Jan-2009 $21.97 $21.98 $0.01
Feb-2009 $21.99 $22.05 $0.06
Mar-2009 $22.06 $22.11 $0.05
Apr-2009 $22.09 $22.17 $0.08
May-2009 $22.10 $22.24 $0.14
Jun-2009 $22.13 $22.30 $0.17
Jul-2009 $22.18 $22.37 $0.19
Aug-2009 $22.23 $22.43 $0.20
Sep-2009 $22.26 $22.49 $0.23
Oct-2009 $22.30 $22.56 $0.26
Nov-2009 $22.36 $22.62 $0.26
Dec-2009 $22.36 $22.69 $0.33
Jan-2010 $22.41 $22.75 $0.34
Feb-2010 $22.45 $22.82 $0.37
Mar-2010 $22.45 $22.88 $0.43
Apr-2010 $22.49 $22.95 $0.46
May-2010 $22.53 $23.02 $0.49
Jun-2010 $22.53 $23.08 $0.55
Jul-2010 $22.59 $23.15 $0.56
Aug-2010 $22.62 $23.21 $0.59
Sep-2010 $22.67 $23.28 $0.61
Oct-2010 $22.74 $23.35 $0.61
Nov-2010 $22.73 $23.42 $0.69
Dec-2010 $22.76 $23.48 $0.72
Jan-2011 $22.85 $23.55 $0.70
Feb-2011 $22.87 $23.62 $0.75
Mar-2011 $22.87 $23.69 $0.82
Apr-2011 $22.92 $23.75 $0.83
May-2011 $22.99 $23.82 $0.83
Jun-2011 $23.01 $23.89 $0.88
Jul-2011 $23.10 $23.96 $0.86
Aug-2011 $23.07 $24.03 $0.96
Sep-2011 $23.11 $24.10 $0.99
Oct-2011 $23.20 $24.17 $0.97
Nov-2011 $23.19 $24.23 $1.04
Dec-2011 $23.21 $24.30 $1.09
Jan-2012 $23.24 $24.37 $1.13
Feb-2012 $23.27 $24.44 $1.17
Mar-2012 $23.36 $24.51 $1.15
Apr-2012 $23.39 $24.58 $1.19
May-2012 $23.39 $24.66 $1.27
Jun-2012 $23.46 $24.73 $1.27
Jul-2012 $23.51 $24.80 $1.29
Aug-2012 $23.49 $24.87 $1.38
Sep-2012 $23.57 $24.94 $1.37
Oct-2012 $23.56 $25.01 $1.45
Nov-2012 $23.63 $25.08 $1.45
Dec-2012 $23.73 $25.16 $1.43
Jan-2013 $23.76 $25.23 $1.47
Feb-2013 $23.77 $25.30 $1.53
Mar-2013 $23.81 $25.37 $1.56
Apr-2013 $23.87 $25.45 $1.58
May-2013 $23.89 $25.52 $1.63
Jun-2013 $23.97 $25.59 $1.62
Jul-2013 $23.98 $25.67 $1.69
Aug-2013 $24.03 $25.74 $1.71
Sep-2013 $24.06 $25.81 $1.75
Oct-2013 $24.09 $25.89 $1.80
Nov-2013 $24.16 $25.96 $1.80
Dec-2013 $24.17 $26.04 $1.87
Jan-2014 $24.21 $26.11 $1.90
Feb-2014 $24.32 $26.19 $1.87
Mar-2014 $24.31 $26.26 $1.95
Apr-2014 $24.34 $26.34 $2.00
May-2014 $24.40 $26.41 $2.01
Jun-2014 $24.45 $26.49 $2.04
Jul-2014 $24.48 $26.56 $2.08
Aug-2014 $24.56 $26.64 $2.08
Sep-2014 $24.56 $26.72 $2.16
Oct-2014 $24.58 $26.79 $2.21
Nov-2014 $24.65 $26.87 $2.22
Dec-2014 $24.65 $26.95 $2.30
Jan-2015 $24.73 $27.02 $2.29
Feb-2015 $24.78 $27.10 $2.32
Mar-2015 $24.84 $27.18 $2.34
Apr-2015 $24.89 $27.26 $2.37
May-2015 $24.96 $27.34 $2.38
Jun-2015 $24.98 $27.41 $2.43
Jul-2015 $25.01 $27.49 $2.48
Aug-2015 $25.10 $27.57 $2.47
Sep-2015 $25.11 $27.65 $2.54
Oct-2015 $25.20 $27.73 $2.53
Nov-2015 $25.24 $27.81 $2.57
Dec-2015 $25.27 $27.89 $2.62
Jan-2016 $25.36 $27.97 $2.61
Feb-2016 $25.39 $28.05 $2.66
Mar-2016 $25.45 $28.13 $2.68
Apr-2016 $25.53 $28.21 $2.68
May-2016 $25.57 $28.29 $2.72
Jun-2016 $25.63 $28.37 $2.74
Jul-2016 $25.69 $28.46 $2.77
Aug-2016 $25.72 $28.54 $2.82
Sep-2016 $25.77 $28.62 $2.85
Oct-2016 $25.88 $28.70 $2.82
Nov-2016 $25.91 $28.78 $2.87
Dec-2016 $25.94 $28.87 $2.93
Jan-2017 $26.03 $28.95 $2.92
Feb-2017 $26.08 $29.03 $2.95
Mar-2017 $26.11 $29.12 $3.01
Apr-2017 $26.17 $29.20 $3.03
May-2017 $26.21 $29.28 $3.07
Jun-2017 $26.26 $29.37 $3.11
Jul-2017 $26.35 $29.45 $3.10
Aug-2017 $26.37 $29.54 $3.17
Sep-2017 $26.49 $29.62 $3.13
Oct-2017 $26.49 $29.71 $3.22
Nov-2017 $26.54 $29.79 $3.25
Dec-2017 $26.65 $29.88 $3.23
Jan-2018 $26.73 $29.96 $3.23
Feb-2018 $26.75 $30.05 $3.30
Mar-2018 $26.85 $30.13 $3.28
Apr-2018 $26.89 $30.22 $3.33
May-2018 $26.97 $30.31 $3.34
Jun-2018 $27.03 $30.39 $3.36
Jul-2018 $27.10 $30.48 $3.38
Aug-2018 $27.21 $30.57 $3.36
Sep-2018 $27.31 $30.66 $3.35
Oct-2018 $27.36 $30.75 $3.39
Nov-2018 $27.43 $30.83 $3.40
Dec-2018 $27.56 $30.92 $3.36
Jan-2019 $27.60 $31.01 $3.41
Feb-2019 $27.70 $31.10 $3.40
Mar-2019 $27.80 $31.19 $3.39
Apr-2019 $27.78 $31.28 $3.50
May-2019 $27.85 $31.37 $3.52
Jun-2019 $27.94 $31.46 $3.52
Jul-2019 $28.03 $31.55 $3.52
Aug-2019 $28.13 $31.64 $3.51
Sep-2019 $28.15 $31.73 $3.58
Oct-2019 $28.23 $31.82 $3.59
Nov-2019 $28.35 $31.91 $3.56
Dec-2019 $28.37 $32.00 $3.63
Jan-2020 $28.43 $32.10 $3.67
Feb-2020 $28.56 $32.19 $3.63
Mar-2020 $28.79 $32.28 $3.49
Apr-2020 $30.01 $32.37 $2.36
May-2020 $29.71 $32.47 $2.76
Jun-2020 $29.36 $32.56 $3.20
Jul-2020 $29.41 $32.65 $3.24
Aug-2020 $29.48 $32.75 $3.27
Sep-2020 $29.51 $32.84 $3.33
Oct-2020 $29.53 $32.94 $3.41
Nov-2020 $29.65 $33.03 $3.38
Dec-2020 $29.92 $33.12 $3.20
Jan-2021 $29.93 $33.22 $3.29
Feb-2021 $30.04 $33.32 $3.28
Mar-2021 $30.06 $33.41 $3.35
Apr-2021 $30.20 $33.51 $3.31
May-2021 $30.36 $33.60 $3.24
Jun-2021 $30.52 $33.70 $3.18
Jul-2021 $30.67 $33.80 $3.13
Aug-2021 $30.76 $33.89 $3.13
Sep-2021 $30.92 $33.99 $3.07
Oct-2021 $31.11 $34.09 $2.98
Nov-2021 $31.23 $34.19 $2.96
Dec-2021 $31.38 $34.28 $2.90
Jan-2022 $31.56 $34.38 $2.82
Feb-2022 $31.60 $34.48 $2.88
Mar-2022 $31.75 $34.58 $2.83
Apr-2022 $31.86 $34.68  $2.82
May-2022 $31.98 $34.78 $2.80
Jun-2022 $32.11 $34.88 $2.77
Jul-2022 $32.27 $34.98 $2.71
Aug-2022 $32.36 $35.08 $2.72
Sep-2022 $32.4 6 $35.18 $2.72
ChartData Download data

The data below can be saved or copied directly into Excel.

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

Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series

Copy the code below to embed this chart on your website.

Workers’ share of corporate income hasn’t recovered: Share of corporate-sector income received by workers over recent business cycles, 1979–2022

Nominal Wage Tracker

Workers' share of corporate income hasn't recovered: Share of corporate-sector income received by workers over recent business cycles, 1979–2022

date Labor share
Jan-1979 79.08%
Apr-1979 79.52%
Jul-1979 80.29%
Oct-1979 80.81%
Jan-1980 81.28%
Apr-1980 82.76%
Jul-1980 81.96%
Oct-1980 80.65%
Jan-1981 80.38%
Apr-1981 80.46%
Jul-1981 79.67%
Oct-1981 80.48%
Jan-1982 81.52%
Apr-1982 80.90%
Jul-1982 81.02%
Oct-1982 81.59%
Jan-1983 81.00%
Apr-1983 79.95%
Jul-1983 79.47%
Oct-1983 79.07%
Jan-1984 77.85%
Apr-1984 78.02%
Jul-1984 78.52%
Oct-1984 78.41%
Jan-1985 78.50%
Apr-1985 78.73%
Jul-1985 78.43%
Oct-1985 79.77%
Jan-1986 80.14%
Apr-1986 80.99%
Jul-1986 81.75%
Oct-1986 82.02%
Jan-1987 81.98%
Apr-1987 81.16%
Jul-1987 80.66%
Oct-1987 81.23%
Jan-1988 81.24%
Apr-1988 81.20%
Jul-1988 81.07%
Oct-1988 80.46%
Jan-1989 80.93%
Apr-1989 81.15%
Jul-1989 81.20%
Oct-1989 82.18%
Jan-1990 82.04%
Apr-1990 81.91%
Jul-1990 82.95%
Oct-1990 83.44%
Jan-1991 82.47%
Apr-1991 82.72%
Jul-1991 83.04%
Oct-1991 83.54%
Jan-1992 83.17%
Apr-1992 83.35%
Jul-1992 83.77%
Oct-1992 83.19%
Jan-1993 83.67%
Apr-1993 82.89%
Jul-1993 82.86%
Oct-1993 81.60%
Jan-1994 81.59%
Apr-1994 81.44%
Jul-1994 80.82%
Oct-1994 80.51%
Jan-1995 80.82%
Apr-1995 80.55%
Jul-1995 79.69%
Oct-1995 79.86%
Jan-1996 79.30%
Apr-1996 79.26%
Jul-1996 79.40%
Oct-1996 79.48%
Jan-1997 79.13%
Apr-1997 79.05%
Jul-1997 78.40%
Oct-1997 78.69%
Jan-1998 79.81%
Apr-1998 80.08%
Jul-1998 79.99%
Oct-1998 80.64%
Jan-1999 80.47%
Apr-1999 80.73%
Jul-1999 81.13%
Oct-1999 81.49%
Jan-2000 81.84%
Apr-2000 81.96%
Jul-2000 82.50%
Oct-2000 83.32%
Jan-2001 83.27%
Apr-2001 82.98%
Jul-2001 83.18%
Oct-2001 84.19%
Jan-2002 82.28%
Apr-2002 82.05%
Jul-2002 81.91%
Oct-2002 80.85%
Jan-2003 80.40%
Apr-2003 80.27%
Jul-2003 79.89%
Oct-2003 79.92%
Jan-2004 78.79%
Apr-2004 78.68%
Jul-2004 78.58%
Oct-2004 78.44%
Jan-2005 77.14%
Apr-2005 76.81%
Jul-2005 76.94%
Oct-2005 75.72%
Jan-2006 75.37%
Apr-2006 75.27%
Jul-2006 74.61%
Oct-2006 75.91%
Jan-2007 77.23%
Apr-2007 76.82%
Jul-2007 78.04%
Oct-2007 79.08%
Jan-2008 79.51%
Apr-2008 79.59%
Jul-2008 79.89%
Oct-2008 83.64%
Jan-2009 79.85%
Apr-2009 79.55%
Jul-2009 78.55%
Oct-2009 77.55%
Jan-2010 76.48%
Apr-2010 76.92%
Jul-2010 74.95%
Oct-2010 75.06%
Jan-2011 77.19%
Apr-2011 76.03%
Jul-2011 76.09%
Oct-2011 74.30%
Jan-2012 73.91%
Apr-2012 74.14%
Jul-2012 74.42%
Oct-2012 75.17%
Jan-2013 74.78%
Apr-2013 74.94%
Jul-2013 75.11%
Oct-2013 74.74%
Jan-2014 76.13%
Apr-2014 74.26%
Jul-2014 73.49%
Oct-2014 73.86%
Jan-2015 74.38%
Apr-2015 74.42%
Jul-2015 74.97%
Oct-2015 75.50%
Jan-2016 75.09%
Apr-2016 75.57%
Jul-2016 75.66%
Oct-2016 75.81%
Jan-2017 76.13%
Apr-2017 76.01%
Jul-2017 76.28%
Oct-2017 76.48%
Jan-2018 76.13%
Apr-2018 76.01%
Jul-2018 75.57%
Oct-2018 75.54%
Jan-2019 76.75%
Apr-2019 76.61%
Jul-2019 76.56%
Oct-2019 76.45%
Jan-2020 78.17%
Apr-2020 78.23%
Jul-2020 75.22%
Oct-2020 76.10%
Jan-2021 75.14%
Apr-2021 73.91%
Jul-2021 74.26%
Oct-2021 74.87%
Jan-2022 75.75%
Apr-2022 74.87%
ChartData Download data

The data below can be saved or copied directly into Excel.

Notes: Shaded areas denote recessions. Federal Reserve banks’ corporate profits were netted out in the calculation of labor share.

Source: EPI analysis of Bureau of Economic Analysis National Income and Product Accounts (Tables 1.14 and 6.16D)

Copy the code below to embed this chart on your website.