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Real average hourly earnings down 0.8 percent from February to March 2022

April 19, 2022

Real average hourly earnings for all employees decreased 0.8 percent from February to March 2022. This result stems from an increase of 0.4 percent in average hourly earnings combined with an increase of 1.2 percent in the Consumer Price Index for All Urban Consumers.

Average hourly earnings and real average hourly earnings indexes, March 2006 to March 2022
Month Average hourly earnings index Real average hourly earnings index

Mar 2006

100.0 100.0

Apr 2006

100.6 100.0

May 2006

100.4 99.6

Jun 2006

100.9 99.8

Jul 2006

101.3 99.6

Aug 2006

101.4 99.3

Sep 2006

101.8 100.2

Oct 2006

102.0 100.8

Nov 2006

102.2 101.0

Dec 2006

102.6 100.9

Jan 2007

102.8 100.9

Feb 2007

103.2 100.9

Mar 2007

103.4 100.5

Apr 2007

103.7 100.6

May 2007

104.0 100.4

Jun 2007

104.5 100.7

Jul 2007

104.5 100.5

Aug 2007

104.8 100.7

Sep 2007

105.0 100.5

Oct 2007

105.1 100.3

Nov 2007

105.4 99.8

Dec 2007

105.7 99.8

Jan 2008

105.7 99.5

Feb 2008

106.1 99.6

Mar 2008

106.6 99.7

Apr 2008

106.7 99.5

May 2008

107.1 99.4

Jun 2008

107.4 98.6

Jul 2008

107.7 98.2

Aug 2008

108.3 98.8

Sep 2008

108.4 98.8

Oct 2008

108.6 99.9

Nov 2008

109.2 102.2

Dec 2008

109.5 103.4

Jan 2009

109.6 103.3

Feb 2009

109.7 103.0

Mar 2009

110.1 103.4

Apr 2009

110.2 103.5

May 2009

110.3 103.3

Jun 2009

110.4 102.6

Jul 2009

110.7 102.9

Aug 2009

110.9 102.8

Sep 2009

111.1 102.7

Oct 2009

111.3 102.6

Nov 2009

111.6 102.5

Dec 2009

111.6 102.5

Jan 2010

111.8 102.6

Feb 2010

112.0 102.9

Mar 2010

112.0 102.9

Apr 2010

112.2 103.0

May 2010

112.4 103.3

Jun 2010

112.4 103.3

Jul 2010

112.7 103.4

Aug 2010

112.9 103.4

Sep 2010

113.1 103.5

Oct 2010

113.5 103.4

Nov 2010

113.4 103.1

Dec 2010

113.6 102.8

Jan 2011

114.0 102.9

Feb 2011

114.1 102.7

Mar 2011

114.1 102.1

Apr 2011

114.4 101.9

May 2011

114.7 101.9

Jun 2011

114.8 102.0

Jul 2011

115.3 102.1

Aug 2011

115.1 101.6

Sep 2011

115.3 101.6

Oct 2011

115.8 101.9

Nov 2011

115.7 101.7

Dec 2011

115.8 101.7

Jan 2012

116.0 101.6

Feb 2012

116.1 101.5

Mar 2012

116.6 101.7

Apr 2012

116.7 101.7

May 2012

116.7 101.9

Jun 2012

117.1 102.3

Jul 2012

117.3 102.4

Aug 2012

117.2 101.8

Sep 2012

117.6 101.6

Oct 2012

117.6 101.3

Nov 2012

117.9 101.8

Dec 2012

118.4 102.2

Jan 2013

118.6 102.2

Feb 2013

118.6 101.6

Mar 2013

118.8 102.1

Apr 2013

119.1 102.6

May 2013

119.2 102.6

Jun 2013

119.6 102.7

Jul 2013

119.7 102.6

Aug 2013

119.9 102.5

Sep 2013

120.1 102.6

Oct 2013

120.2 102.7

Nov 2013

120.6 102.8

Dec 2013

120.6 102.6

Jan 2014

120.8 102.5

Feb 2014

121.4 102.8

Mar 2014

121.3 102.6

Apr 2014

121.5 102.5

May 2014

121.8 102.6

Jun 2014

122.0 102.7

Jul 2014

122.2 102.7

Aug 2014

122.6 103.0

Sep 2014

122.6 103.0

Oct 2014

122.7 103.1

Nov 2014

123.0 103.6

Dec 2014

123.0 103.9

Jan 2015

123.4 104.9

Feb 2015

123.7 104.9

Mar 2015

124.0 104.9

Apr 2015

124.2 105.0

May 2015

124.6 104.9

Jun 2015

124.7 104.7

Jul 2015

124.8 104.7

Aug 2015

125.2 105.0

Sep 2015

125.3 105.3

Oct 2015

125.7 105.6

Nov 2015

125.9 105.6

Dec 2015

126.1 105.9

Jan 2016

126.5 106.3

Feb 2016

126.7 106.6

Mar 2016

127.0 106.5

Apr 2016

127.4 106.4

May 2016

127.6 106.3

Jun 2016

127.9 106.3

Jul 2016

128.2 106.6

Aug 2016

128.3 106.5

Sep 2016

128.6 106.5

Oct 2016

129.1 106.7

Nov 2016

129.3 106.7

Dec 2016

129.4 106.5

Jan 2017

129.9 106.4

Feb 2017

130.1 106.5

Mar 2017

130.3 106.7

Apr 2017

130.6 106.8

May 2017

130.8 107.0

Jun 2017

131.0 107.2

Jul 2017

131.5 107.5

Aug 2017

131.6 107.2

Sep 2017

132.2 107.1

Oct 2017

132.2 107.0

Nov 2017

132.4 106.9

Dec 2017

133.0 107.1

Jan 2018

133.4 107.1

Feb 2018

133.5 106.8

Mar 2018

134.0 107.2

Apr 2018

134.2 107.1

May 2018

134.6 107.1

Jun 2018

134.9 107.2

Jul 2018

135.2 107.4

Aug 2018

135.8 107.7

Sep 2018

136.3 107.9

Oct 2018

136.5 107.8

Nov 2018

136.9 108.2

Dec 2018

137.5 108.7

Jan 2019

137.7 108.9

Feb 2019

138.2 109.0

Mar 2019

138.7 108.9

Apr 2019

138.6 108.5

May 2019

139.0 108.7

Jun 2019

139.4 109.0

Jul 2019

139.9 109.1

Aug 2019

140.4 109.4

Sep 2019

140.5 109.3

Oct 2019

140.9 109.3

Nov 2019

141.5 109.6

Dec 2019

141.6 109.4

Jan 2020

141.9 109.5

Feb 2020

142.5 109.9

Mar 2020

143.7 111.1

Apr 2020

149.8 116.7

May 2020

148.3 115.6

Jun 2020

146.5 113.6

Jul 2020

146.8 113.3

Aug 2020

147.1 113.1

Sep 2020

147.3 112.9

Oct 2020

147.4 112.9

Nov 2020

148.0 113.2

Dec 2020

149.3 113.9

Jan 2021

149.4 113.6

Feb 2021

149.9 113.6

Mar 2021

150.0 112.9

Apr 2021

150.7 112.7

May 2021

151.5 112.5

Jun 2021

152.3 112.2

Jul 2021

153.0 112.3

Aug 2021

153.5 112.2

Sep 2021

154.3 112.4

Oct 2021

155.2 112.1

Nov 2021

155.8 111.7

Dec 2021

156.6 111.6

Jan 2022

157.5 111.5

Feb 2022

157.7 110.8

Mar 2022

158.3 109.9

Average hourly earnings increased 5.6 percent for the 12 months ended in March 2022 and 58.3 percent from March 2006 to March 2022. After adjusting for inflation, real average hourly earnings decreased 2.7 percent for the 12 months ended in March 2022 and increased 9.9 percent from March 2006 to March 2022.

These data are from the Current Employment Statistics survey and are seasonally adjusted. Earnings for the most recent 2 months are preliminary. For more information, see "Real Earnings — March 2022." The Consumer Price Index is used to adjust earnings for inflation.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average hourly earnings down 0.8 percent from February to March 2022 at https://www.bls.gov/opub/ted/2022/real-average-hourly-earnings-down-0-8-percent-from-february-to-march-2022.htm (visited November 28, 2022).