Mind the wage gap: Cumulative nominal average hourly earnings, actual and hypothetical if they had grown at 4% since the recession began, 2007–2015
| Average hourly earnings of all private employees | Hypothetical, assuming 4% growth* | |
|---|---|---|
| Jan-2007 | $20.6000 | |
| Feb-2007 | $20.6800 | |
| Mar-2007 | $20.7700 | |
| Apr-2007 | $20.8300 | |
| May-2007 | $20.8800 | |
| Jun-2007 | $21.0000 | |
| Jul-2007 | $21.0000 | |
| Aug-2007 | $21.0400 | |
| Sep-2007 | $21.0700 | |
| Oct-2007 | $21.1100 | |
| Nov-2007 | $21.1600 | |
| Dec-2007 | $21.2100 | $21.2100 |
| Jan-2008 | $21.2400 | $21.2794 |
| Feb-2008 | $21.3100 | $21.3491 |
| Mar-2008 | $21.4000 | $21.4190 |
| Apr-2008 | $21.4200 | $21.4891 |
| May-2008 | $21.5100 | $21.5595 |
| Jun-2008 | $21.5600 | $21.6300 |
| Jul-2008 | $21.6300 | $21.7009 |
| Aug-2008 | $21.7300 | $21.7719 |
| Sep-2008 | $21.7600 | $21.8432 |
| Oct-2008 | $21.8100 | $21.9147 |
| Nov-2008 | $21.9200 | $21.9864 |
| Dec-2008 | $21.9800 | $22.0584 |
| Jan-2009 | $21.9900 | $22.1306 |
| Feb-2009 | $22.0500 | $22.2031 |
| Mar-2009 | $22.0800 | $22.2758 |
| Apr-2009 | $22.1100 | $22.3487 |
| May-2009 | $22.1200 | $22.4218 |
| Jun-2009 | $22.1500 | $22.4952 |
| Jul-2009 | $22.1900 | $22.5689 |
| Aug-2009 | $22.2600 | $22.6428 |
| Sep-2009 | $22.2600 | $22.7169 |
| Oct-2009 | $22.3200 | $22.7913 |
| Nov-2009 | $22.3700 | $22.8659 |
| Dec-2009 | $22.3800 | $22.9407 |
| Jan-2010 | $22.4200 | $23.0158 |
| Feb-2010 | $22.4500 | $23.0912 |
| Mar-2010 | $22.4700 | $23.1668 |
| Apr-2010 | $22.5000 | $23.2426 |
| May-2010 | $22.5400 | $23.3187 |
| Jun-2010 | $22.5400 | $23.3951 |
| Jul-2010 | $22.6000 | $23.4716 |
| Aug-2010 | $22.6400 | $23.5485 |
| Sep-2010 | $22.6800 | $23.6256 |
| Oct-2010 | $22.7400 | $23.7029 |
| Nov-2010 | $22.7400 | $23.7805 |
| Dec-2010 | $22.7700 | $23.8584 |
| Jan-2011 | $22.8600 | $23.9365 |
| Feb-2011 | $22.8600 | $24.0148 |
| Mar-2011 | $22.8800 | $24.0935 |
| Apr-2011 | $22.9300 | $24.1723 |
| May-2011 | $23.0000 | $24.2515 |
| Jun-2011 | $23.0200 | $24.3309 |
| Jul-2011 | $23.1100 | $24.4105 |
| Aug-2011 | $23.0800 | $24.4904 |
| Sep-2011 | $23.1200 | $24.5706 |
| Oct-2011 | $23.2200 | $24.6510 |
| Nov-2011 | $23.2000 | $24.7317 |
| Dec-2011 | $23.2200 | $24.8127 |
| Jan-2012 | $23.2500 | $24.8939 |
| Feb-2012 | $23.3000 | $24.9754 |
| Mar-2012 | $23.3700 | $25.0572 |
| Apr-2012 | $23.4000 | $25.1392 |
| May-2012 | $23.4100 | $25.2215 |
| Jun-2012 | $23.4700 | $25.3041 |
| Jul-2012 | $23.5200 | $25.3869 |
| Aug-2012 | $23.5100 | $25.4700 |
| Sep-2012 | $23.5800 | $25.5534 |
| Oct-2012 | $23.5600 | $25.6371 |
| Nov-2012 | $23.6400 | $25.7210 |
| Dec-2012 | $23.7100 | $25.8052 |
| Jan-2013 | $23.7500 | $25.8897 |
| Feb-2013 | $23.7900 | $25.9744 |
| Mar-2013 | $23.8100 | $26.0595 |
| Apr-2013 | $23.8600 | $26.1448 |
| May-2013 | $23.8900 | $26.2304 |
| Jun-2013 | $23.9800 | $26.3163 |
| Jul-2013 | $23.9700 | $26.4024 |
| Aug-2013 | $24.0300 | $26.4888 |
| Sep-2013 | $24.0600 | $26.5756 |
| Oct-2013 | $24.0900 | $26.6626 |
| Nov-2013 | $24.1500 | $26.7498 |
| Dec-2013 | $24.1700 | $26.8374 |
| Jan-2014 | $24.2200 | $26.9253 |
| Feb-2014 | $24.2900 | $27.0134 |
| Mar-2014 | $24.3200 | $27.1019 |
| Apr-2014 | $24.3300 | $27.1906 |
| May-2014 | $24.3800 | $27.2796 |
| Jun-2014 | $24.4500 | $27.3689 |
| Jul-2014 | $24.4600 | $27.4585 |
| Aug-2014 | $24.5400 | $27.5484 |
| Sep-2014 | $24.5400 | $27.6386 |
| Oct-2014 | $24.5600 | $27.7291 |
| Nov-2014 | $24.6200 | $27.8198 |
| Dec-2014 | $24.5700 | $27.9109 |
| Jan-2015 | $24.7500 | $28.0000 |
* 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