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Hourly wages rose sharply in 2020 then fell in 2021: Real hourly wage growth, median and average, 2018–2022
Median | Average | |
---|---|---|
2018 | 1.7% | 2.1% |
2019 | 1.0% | 1.8% |
2020 | 6.9% | 7.2% |
2021 | -2.5% | -1.5% |
Source: Economic Policy Institute (EPI) analysis of Current Population Survey basic monthly microdata, EPI Current Population Survey Extracts, Version 1.0.32 (2022), https://microdata.epi.org.
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