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Real Hourly Wages

Average hourly earnings adjusted for consumer prices, private employers, monthly, 1982–84 dollars

All private employees: $11.24 in Sep 2026−$0.07 since Sep 2021

Plays the chart through its history. Pauses are where the data set a record or moved most.

Bureau of Labor Statistics Real Earnings release: average hourly earnings deflated by the CPI for urban wage earners and clerical workers (CPI-W). Production and nonsupervisory workers are about four in five private employees, excluding managers.

Whether pay is keeping up with prices. Real wages jumped in 2020 when low-paid jobs vanished first, fell through the 2021–2022 inflation, then recovered as price growth slowed. A falling line means prices are rising faster than paychecks.

What this chart reads

Sources

U.S. Real Average Hourly Earnings. Source: Bureau of Labor Statistics, Real Earnings release, series CES0500000013, pulled from the BLS public data API. BLS data are in the public domain; source: U.S. Bureau of Labor Statistics.

U.S. Real Average Hourly Earnings, Production and Nonsupervisory. Source: Bureau of Labor Statistics, Real Earnings release, series CES0500000032, pulled from the BLS public data API. BLS data are in the public domain; source: U.S. Bureau of Labor Statistics.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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