U.S. wage growth

Year-over-year percent change in average hourly earnings | January 2022–January 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 January 2025.
Note: All employees on private nonfarm payrolls
Chart: Gabriel Cortes / CNBCSource: U.S. Bureau of Labor Statistics
Data as of Feb. 7, 2025