U.S. wage growth

Year-over-year percent change in average hourly earnings | Jan. 2022–Aug. 2025

The line chart shows the year-over-year percent change in hourly earnings for all private employees in the U.S. from January 2022 through Aug. 2025.

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Note: All employees on private nonfarm payrolls

Chart: Gabriel Cortes / CNBCSource: U.S. Bureau of Labor Statistics
Data as of Sept. 3, 2025