REAL WAGES CONTINUE TO DECLINE SINCE JANUARY 2021

[infogram id=”19bdfade-a44d-4a65-81c3-e9748eaf0368″ prefix=”pOt” format=”interactive” title=”REAL AVERAGE HOURLY EARNINGS 04142022″]

Key Points:

  • Real average hourly earnings are hourly earnings adjusted for inflation. They are one measure of real wages, which represent the economic return to work.
  • Despite trending up between January 2017 and January 2021, real wages have trended down since January 2021.
  • Real average hourly earnings have fallen from $32.63 in March 2021 to $31.73 in March 2022, a 2.8% decrease.
Source BLS