Nominal Wage Tracker
Key numbers on nominal wages
- Actual year-over-year growth for private employees: 5.2%
Year-over-year change in private-sector nominal average hourly earnings, 2007–2022
Nominal Wage Tracker
Year-over-year change in private-sector nominal average hourly earnings, 2007–2022
Date | All nonfarm employees | Production/nonsupervisory workers |
---|---|---|
Mar-2007 | 3.39% | 4.11% |
Apr-2007 | 3.13% | 3.85% |
May-2007 | 3.53% | 4.08% |
Jun-2007 | 3.61% | 4.19% |
Jul-2007 | 3.20% | 4.11% |
Aug-2007 | 3.35% | 4.04% |
Sep-2007 | 3.09% | 4.09% |
Oct-2007 | 3.03% | 3.84% |
Nov-2007 | 3.13% | 3.89% |
Dec-2007 | 2.97% | 3.81% |
Jan-2008 | 2.86% | 3.74% |
Feb-2008 | 2.80% | 3.79% |
Mar-2008 | 3.09% | 3.83% |
Apr-2008 | 2.84% | 3.76% |
May-2008 | 3.02% | 3.75% |
Jun-2008 | 2.72% | 3.50% |
Jul-2008 | 3.05% | 3.67% |
Aug-2008 | 3.33% | 3.89% |
Sep-2008 | 3.23% | 3.64% |
Oct-2008 | 3.32% | 3.81% |
Nov-2008 | 3.60% | 3.86% |
Dec-2008 | 3.59% | 3.90% |
Jan-2009 | 3.68% | 3.78% |
Feb-2009 | 3.43% | 3.60% |
Mar-2009 | 3.28% | 3.47% |
Apr-2009 | 3.32% | 3.35% |
May-2009 | 2.93% | 3.06% |
Jun-2009 | 2.83% | 2.94% |
Jul-2009 | 2.73% | 2.71% |
Aug-2009 | 2.44% | 2.70% |
Sep-2009 | 2.49% | 2.75% |
Oct-2009 | 2.48% | 2.68% |
Nov-2009 | 2.19% | 2.68% |
Dec-2009 | 1.91% | 2.45% |
Jan-2010 | 2.00% | 2.61% |
Feb-2010 | 2.09% | 2.55% |
Mar-2010 | 1.77% | 2.22% |
Apr-2010 | 1.81% | 2.38% |
May-2010 | 1.95% | 2.59% |
Jun-2010 | 1.81% | 2.48% |
Jul-2010 | 1.85% | 2.42% |
Aug-2010 | 1.75% | 2.36% |
Sep-2010 | 1.84% | 2.19% |
Oct-2010 | 1.97% | 2.45% |
Nov-2010 | 1.65% | 2.18% |
Dec-2010 | 1.79% | 2.07% |
Jan-2011 | 1.96% | 2.33% |
Feb-2011 | 1.87% | 2.12% |
Mar-2011 | 1.87% | 2.12% |
Apr-2011 | 1.91% | 2.11% |
May-2011 | 2.04% | 2.10% |
Jun-2011 | 2.13% | 2.05% |
Jul-2011 | 2.26% | 2.26% |
Aug-2011 | 1.99% | 1.88% |
Sep-2011 | 1.94% | 1.94% |
Oct-2011 | 2.02% | 1.88% |
Nov-2011 | 2.02% | 1.82% |
Dec-2011 | 1.98% | 1.77% |
Jan-2012 | 1.71% | 1.40% |
Feb-2012 | 1.75% | 1.45% |
Mar-2012 | 2.14% | 1.71% |
Apr-2012 | 2.05% | 1.65% |
May-2012 | 1.74% | 1.39% |
Jun-2012 | 1.96% | 1.60% |
Jul-2012 | 1.77% | 1.39% |
Aug-2012 | 1.82% | 1.39% |
Sep-2012 | 1.99% | 1.54% |
Oct-2012 | 1.55% | 1.18% |
Nov-2012 | 1.90% | 1.43% |
Dec-2012 | 2.24% | 1.74% |
Jan-2013 | 2.24% | 1.79% |
Feb-2013 | 2.15% | 2.04% |
Mar-2013 | 1.93% | 1.88% |
Apr-2013 | 2.05% | 1.83% |
May-2013 | 2.14% | 1.88% |
Jun-2013 | 2.17% | 2.03% |
Jul-2013 | 2.00% | 2.03% |
Aug-2013 | 2.30% | 2.18% |
Sep-2013 | 2.08% | 2.28% |
Oct-2013 | 2.25% | 2.32% |
Nov-2013 | 2.24% | 2.37% |
Dec-2013 | 1.85% | 2.21% |
Jan-2014 | 1.89% | 2.26% |
Feb-2014 | 2.31% | 2.55% |
Mar-2014 | 2.10% | 2.45% |
Apr-2014 | 1.97% | 2.40% |
May-2014 | 2.13% | 2.44% |
Jun-2014 | 2.00% | 2.24% |
Jul-2014 | 2.09% | 2.33% |
Aug-2014 | 2.21% | 2.48% |
Sep-2014 | 2.08% | 2.17% |
Oct-2014 | 2.03% | 2.22% |
Nov-2014 | 2.03% | 2.22% |
Dec-2014 | 1.99% | 1.77% |
Jan-2015 | 2.15% | 2.01% |
Feb-2015 | 1.89% | 1.46% |
Mar-2015 | 2.18% | 1.85% |
Apr-2015 | 2.26% | 1.90% |
May-2015 | 2.30% | 2.19% |
Jun-2015 | 2.17% | 2.14% |
Jul-2015 | 2.17% | 2.04% |
Aug-2015 | 2.20% | 1.98% |
Sep-2015 | 2.24% | 2.13% |
Oct-2015 | 2.52% | 2.37% |
Nov-2015 | 2.39% | 2.12% |
Dec-2015 | 2.52% | 2.61% |
Jan-2016 | 2.55% | 2.45% |
Feb-2016 | 2.46% | 2.60% |
Mar-2016 | 2.46% | 2.49% |
Apr-2016 | 2.57% | 2.63% |
May-2016 | 2.44% | 2.29% |
Jun-2016 | 2.60% | 2.48% |
Jul-2016 | 2.72% | 2.62% |
Aug-2016 | 2.47% | 2.47% |
Sep-2016 | 2.63% | 2.51% |
Oct-2016 | 2.70% | 2.45% |
Nov-2016 | 2.65% | 2.45% |
Dec-2016 | 2.65% | 2.50% |
Jan-2017 | 2.64% | 2.35% |
Feb-2017 | 2.72% | 2.48% |
Mar-2017 | 2.59% | 2.24% |
Apr-2017 | 2.51% | 2.19% |
May-2017 | 2.50% | 2.28% |
Jun-2017 | 2.46% | 2.28% |
Jul-2017 | 2.57% | 2.27% |
Aug-2017 | 2.53% | 2.31% |
Sep-2017 | 2.79% | 2.50% |
Oct-2017 | 2.36% | 2.12% |
Nov-2017 | 2.43% | 2.35% |
Dec-2017 | 2.74% | 2.43% |
Jan-2018 | 2.69% | 2.66% |
Feb-2018 | 2.57% | 2.51% |
Mar-2018 | 2.83% | 2.83% |
Apr-2018 | 2.75% | 2.74% |
May-2018 | 2.90% | 2.87% |
Jun-2018 | 2.93% | 2.91% |
Jul-2018 | 2.85% | 2.85% |
Aug-2018 | 3.19% | 3.08% |
Sep-2018 | 3.10% | 3.02% |
Oct-2018 | 3.28% | 3.29% |
Nov-2018 | 3.35% | 3.42% |
Dec-2018 | 3.41% | 3.59% |
Jan-2019 | 3.25% | 3.35% |
Feb-2019 | 3.55% | 3.57% |
Mar-2019 | 3.54% | 3.60% |
Apr-2019 | 3.31% | 3.51% |
May-2019 | 3.26% | 3.54% |
Jun-2019 | 3.37% | 3.53% |
Jul-2019 | 3.43% | 3.70% |
Aug-2019 | 3.38% | 3.69% |
Sep-2019 | 3.08% | 3.63% |
Oct-2019 | 3.18% | 3.71% |
Nov-2019 | 3.35% | 3.57% |
Dec-2019 | 2.94% | 3.20% |
Jan-2020 | 3.01% | 3.33% |
Feb-2020 | 3.10% | 3.49% |
Mar-2020 | 3.56% | 3.78% |
Apr-2020 | 8.03% | 7.72% |
May-2020 | 6.68% | 6.80% |
Jun-2020 | 5.08% | 5.67% |
Jul-2020 | 4.92% | 4.93% |
Aug-2020 | 4.80% | 5.04% |
Sep-2020 | 4.83% | 4.73% |
Oct-2020 | 4.61% | 4.59% |
Nov-2020 | 4.59% | 4.66% |
Dec-2020 | 5.46% | 5.62% |
Jan-2021 | 5.28% | 5.31% |
Feb-2021 | 5.18% | 5.12% |
Mar-2021 | 4.41% | 4.80% |
Apr-2021 | 0.63% | 1.47% |
May-2021 | 2.19% | 2.76% |
Jun-2021 | 3.95% | 4.11% |
Jul-2021 | 4.28% | 5.10% |
Aug-2021 | 4.34% | 5.20% |
Sep-2021 | 4.78% | 5.89% |
Oct-2021 | 5.35% | 6.36% |
Nov-2021 | 5.33% | 6.54% |
Dec-2021 | 4.88% | 6.20% |
Jan-2022 | 5.45% | 6.71% |
Feb-2022 | 5.19% | 6.69% |
Mar-2022 | 5.62% | 6.75% |
Apr-2022 | 5.50% | 6.63% |
May-2022 | 5.34% | 6.43% |
Jun-2022 | 5.21% | 6.35% |
Jul-2022 | 5.18% | 6.24% |
Aug-2022 | 5.20% | 6.05% |
Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series.
Mind the wage gap: Cumulative nominal average hourly earnings, actual and hypothetical if they had grown at 3.5% since the recession began, 2007–2022
Nominal Wage Tracker
Mind the wage gap: Cumulative nominal average hourly earnings, actual and hypothetical if they had grown at 3.5% since the recession began, 2007–2022
Date | Average hourly earnings of all private employees | Hypothetical, assuming 3.5% growth* | Gap |
---|---|---|---|
Jan-2007 | $20.60 | ||
Feb-2007 | $20.68 | ||
Mar-2007 | $20.72 | ||
Apr-2007 | $20.79 | ||
May-2007 | $20.84 | ||
Jun-2007 | $20.95 | ||
Jul-2007 | $20.95 | ||
Aug-2007 | $21.00 | ||
Sep-2007 | $21.04 | ||
Oct-2007 | $21.06 | ||
Nov-2007 | $21.12 | ||
Dec-2007 | $21.18 | $21.18 | $0.00 |
Jan-2008 | $21.19 | $21.24 | $0.05 |
Feb-2008 | $21.26 | $21.30 | $0.04 |
Mar-2008 | $21.36 | $21.36 | $0.00 |
Apr-2008 | $21.38 | $21.42 | $0.04 |
May-2008 | $21.47 | $21.49 | $0.02 |
Jun-2008 | $21.52 | $21.55 | $0.03 |
Jul-2008 | $21.59 | $21.61 | $0.02 |
Aug-2008 | $21.70 | $21.67 | -$0.03 |
Sep-2008 | $21.72 | $21.73 | $0.01 |
Oct-2008 | $21.76 | $21.80 | $0.04 |
Nov-2008 | $21.88 | $21.86 | -$0.02 |
Dec-2008 | $21.94 | $21.92 | -$0.02 |
Jan-2009 | $21.97 | $21.98 | $0.01 |
Feb-2009 | $21.99 | $22.05 | $0.06 |
Mar-2009 | $22.06 | $22.11 | $0.05 |
Apr-2009 | $22.09 | $22.17 | $0.08 |
May-2009 | $22.10 | $22.24 | $0.14 |
Jun-2009 | $22.13 | $22.30 | $0.17 |
Jul-2009 | $22.18 | $22.37 | $0.19 |
Aug-2009 | $22.23 | $22.43 | $0.20 |
Sep-2009 | $22.26 | $22.49 | $0.23 |
Oct-2009 | $22.30 | $22.56 | $0.26 |
Nov-2009 | $22.36 | $22.62 | $0.26 |
Dec-2009 | $22.36 | $22.69 | $0.33 |
Jan-2010 | $22.41 | $22.75 | $0.34 |
Feb-2010 | $22.45 | $22.82 | $0.37 |
Mar-2010 | $22.45 | $22.88 | $0.43 |
Apr-2010 | $22.49 | $22.95 | $0.46 |
May-2010 | $22.53 | $23.02 | $0.49 |
Jun-2010 | $22.53 | $23.08 | $0.55 |
Jul-2010 | $22.59 | $23.15 | $0.56 |
Aug-2010 | $22.62 | $23.21 | $0.59 |
Sep-2010 | $22.67 | $23.28 | $0.61 |
Oct-2010 | $22.74 | $23.35 | $0.61 |
Nov-2010 | $22.73 | $23.42 | $0.69 |
Dec-2010 | $22.76 | $23.48 | $0.72 |
Jan-2011 | $22.85 | $23.55 | $0.70 |
Feb-2011 | $22.87 | $23.62 | $0.75 |
Mar-2011 | $22.87 | $23.69 | $0.82 |
Apr-2011 | $22.92 | $23.75 | $0.83 |
May-2011 | $22.99 | $23.82 | $0.83 |
Jun-2011 | $23.01 | $23.89 | $0.88 |
Jul-2011 | $23.10 | $23.96 | $0.86 |
Aug-2011 | $23.07 | $24.03 | $0.96 |
Sep-2011 | $23.11 | $24.10 | $0.99 |
Oct-2011 | $23.20 | $24.17 | $0.97 |
Nov-2011 | $23.19 | $24.23 | $1.04 |
Dec-2011 | $23.21 | $24.30 | $1.09 |
Jan-2012 | $23.24 | $24.37 | $1.13 |
Feb-2012 | $23.27 | $24.44 | $1.17 |
Mar-2012 | $23.36 | $24.51 | $1.15 |
Apr-2012 | $23.39 | $24.58 | $1.19 |
May-2012 | $23.39 | $24.66 | $1.27 |
Jun-2012 | $23.46 | $24.73 | $1.27 |
Jul-2012 | $23.51 | $24.80 | $1.29 |
Aug-2012 | $23.49 | $24.87 | $1.38 |
Sep-2012 | $23.57 | $24.94 | $1.37 |
Oct-2012 | $23.56 | $25.01 | $1.45 |
Nov-2012 | $23.63 | $25.08 | $1.45 |
Dec-2012 | $23.73 | $25.16 | $1.43 |
Jan-2013 | $23.76 | $25.23 | $1.47 |
Feb-2013 | $23.77 | $25.30 | $1.53 |
Mar-2013 | $23.81 | $25.37 | $1.56 |
Apr-2013 | $23.87 | $25.45 | $1.58 |
May-2013 | $23.89 | $25.52 | $1.63 |
Jun-2013 | $23.97 | $25.59 | $1.62 |
Jul-2013 | $23.98 | $25.67 | $1.69 |
Aug-2013 | $24.03 | $25.74 | $1.71 |
Sep-2013 | $24.06 | $25.81 | $1.75 |
Oct-2013 | $24.09 | $25.89 | $1.80 |
Nov-2013 | $24.16 | $25.96 | $1.80 |
Dec-2013 | $24.17 | $26.04 | $1.87 |
Jan-2014 | $24.21 | $26.11 | $1.90 |
Feb-2014 | $24.32 | $26.19 | $1.87 |
Mar-2014 | $24.31 | $26.26 | $1.95 |
Apr-2014 | $24.34 | $26.34 | $2.00 |
May-2014 | $24.40 | $26.41 | $2.01 |
Jun-2014 | $24.45 | $26.49 | $2.04 |
Jul-2014 | $24.48 | $26.56 | $2.08 |
Aug-2014 | $24.56 | $26.64 | $2.08 |
Sep-2014 | $24.56 | $26.72 | $2.16 |
Oct-2014 | $24.58 | $26.79 | $2.21 |
Nov-2014 | $24.65 | $26.87 | $2.22 |
Dec-2014 | $24.65 | $26.95 | $2.30 |
Jan-2015 | $24.73 | $27.02 | $2.29 |
Feb-2015 | $24.78 | $27.10 | $2.32 |
Mar-2015 | $24.84 | $27.18 | $2.34 |
Apr-2015 | $24.89 | $27.26 | $2.37 |
May-2015 | $24.96 | $27.34 | $2.38 |
Jun-2015 | $24.98 | $27.41 | $2.43 |
Jul-2015 | $25.01 | $27.49 | $2.48 |
Aug-2015 | $25.10 | $27.57 | $2.47 |
Sep-2015 | $25.11 | $27.65 | $2.54 |
Oct-2015 | $25.20 | $27.73 | $2.53 |
Nov-2015 | $25.24 | $27.81 | $2.57 |
Dec-2015 | $25.27 | $27.89 | $2.62 |
Jan-2016 | $25.36 | $27.97 | $2.61 |
Feb-2016 | $25.39 | $28.05 | $2.66 |
Mar-2016 | $25.45 | $28.13 | $2.68 |
Apr-2016 | $25.53 | $28.21 | $2.68 |
May-2016 | $25.57 | $28.29 | $2.72 |
Jun-2016 | $25.63 | $28.37 | $2.74 |
Jul-2016 | $25.69 | $28.46 | $2.77 |
Aug-2016 | $25.72 | $28.54 | $2.82 |
Sep-2016 | $25.77 | $28.62 | $2.85 |
Oct-2016 | $25.88 | $28.70 | $2.82 |
Nov-2016 | $25.91 | $28.78 | $2.87 |
Dec-2016 | $25.94 | $28.87 | $2.93 |
Jan-2017 | $26.03 | $28.95 | $2.92 |
Feb-2017 | $26.08 | $29.03 | $2.95 |
Mar-2017 | $26.11 | $29.12 | $3.01 |
Apr-2017 | $26.17 | $29.20 | $3.03 |
May-2017 | $26.21 | $29.28 | $3.07 |
Jun-2017 | $26.26 | $29.37 | $3.11 |
Jul-2017 | $26.35 | $29.45 | $3.10 |
Aug-2017 | $26.37 | $29.54 | $3.17 |
Sep-2017 | $26.49 | $29.62 | $3.13 |
Oct-2017 | $26.49 | $29.71 | $3.22 |
Nov-2017 | $26.54 | $29.79 | $3.25 |
Dec-2017 | $26.65 | $29.88 | $3.23 |
Jan-2018 | $26.73 | $29.96 | $3.23 |
Feb-2018 | $26.75 | $30.05 | $3.30 |
Mar-2018 | $26.85 | $30.13 | $3.28 |
Apr-2018 | $26.89 | $30.22 | $3.33 |
May-2018 | $26.97 | $30.31 | $3.34 |
Jun-2018 | $27.03 | $30.39 | $3.36 |
Jul-2018 | $27.10 | $30.48 | $3.38 |
Aug-2018 | $27.21 | $30.57 | $3.36 |
Sep-2018 | $27.31 | $30.66 | $3.35 |
Oct-2018 | $27.36 | $30.75 | $3.39 |
Nov-2018 | $27.43 | $30.83 | $3.40 |
Dec-2018 | $27.56 | $30.92 | $3.36 |
Jan-2019 | $27.60 | $31.01 | $3.41 |
Feb-2019 | $27.70 | $31.10 | $3.40 |
Mar-2019 | $27.80 | $31.19 | $3.39 |
Apr-2019 | $27.78 | $31.28 | $3.50 |
May-2019 | $27.85 | $31.37 | $3.52 |
Jun-2019 | $27.94 | $31.46 | $3.52 |
Jul-2019 | $28.03 | $31.55 | $3.52 |
Aug-2019 | $28.13 | $31.64 | $3.51 |
Sep-2019 | $28.15 | $31.73 | $3.58 |
Oct-2019 | $28.23 | $31.82 | $3.59 |
Nov-2019 | $28.35 | $31.91 | $3.56 |
Dec-2019 | $28.37 | $32.00 | $3.63 |
Jan-2020 | $28.43 | $32.10 | $3.67 |
Feb-2020 | $28.56 | $32.19 | $3.63 |
Mar-2020 | $28.79 | $32.28 | $3.49 |
Apr-2020 | $30.01 | $32.37 | $2.36 |
May-2020 | $29.71 | $32.47 | $2.76 |
Jun-2020 | $29.36 | $32.56 | $3.20 |
Jul-2020 | $29.41 | $32.65 | $3.24 |
Aug-2020 | $29.48 | $32.75 | $3.27 |
Sep-2020 | $29.51 | $32.84 | $3.33 |
Oct-2020 | $29.53 | $32.94 | $3.41 |
Nov-2020 | $29.65 | $33.03 | $3.38 |
Dec-2020 | $29.92 | $33.12 | $3.20 |
Jan-2021 | $29.93 | $33.22 | $3.29 |
Feb-2021 | $30.04 | $33.32 | $3.28 |
Mar-2021 | $30.06 | $33.41 | $3.35 |
Apr-2021 | $30.20 | $33.51 | $3.31 |
May-2021 | $30.36 | $33.60 | $3.24 |
Jun-2021 | $30.52 | $33.70 | $3.18 |
Jul-2021 | $30.67 | $33.80 | $3.13 |
Aug-2021 | $30.76 | $33.89 | $3.13 |
Sep-2021 | $30.92 | $33.99 | $3.07 |
Oct-2021 | $31.11 | $34.09 | $2.98 |
Nov-2021 | $31.23 | $34.19 | $2.96 |
Dec-2021 | $31.38 | $34.28 | $2.90 |
Jan-2022 | $31.56 | $34.38 | $2.82 |
Feb-2022 | $31.60 | $34.48 | $2.88 |
Mar-2022 | $31.75 | $34.58 | $2.83 |
Apr-2022 | $31.86 | $34.68 | $2.82 |
May-2022 | $31.98 | $34.78 | $2.80 |
Jun-2022 | $32.11 | $34.88 | $2.77 |
Jul-2022 | $32.26 | $34.98 | $2.72 |
Aug-2022 | $32.36 | $35.08 | $2.72 |
* Nominal wage growth consistent with the Federal Reserve Board’s 2 percent inflation target, 1.5 percent productivity growth, and a stable labor share of income
Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series
Workers’ share of corporate income hasn’t recovered: Share of corporate-sector income received by workers over recent business cycles, 1979–2022
Nominal Wage Tracker
Workers' share of corporate income hasn't recovered: Share of corporate-sector income received by workers over recent business cycles, 1979–2022
date | Labor share |
---|---|
Jan-1979 | 79.08% |
Apr-1979 | 79.52% |
Jul-1979 | 80.29% |
Oct-1979 | 80.81% |
Jan-1980 | 81.28% |
Apr-1980 | 82.76% |
Jul-1980 | 81.96% |
Oct-1980 | 80.65% |
Jan-1981 | 80.38% |
Apr-1981 | 80.46% |
Jul-1981 | 79.67% |
Oct-1981 | 80.48% |
Jan-1982 | 81.52% |
Apr-1982 | 80.90% |
Jul-1982 | 81.02% |
Oct-1982 | 81.59% |
Jan-1983 | 81.00% |
Apr-1983 | 79.95% |
Jul-1983 | 79.47% |
Oct-1983 | 79.07% |
Jan-1984 | 77.85% |
Apr-1984 | 78.02% |
Jul-1984 | 78.52% |
Oct-1984 | 78.41% |
Jan-1985 | 78.50% |
Apr-1985 | 78.73% |
Jul-1985 | 78.43% |
Oct-1985 | 79.77% |
Jan-1986 | 80.14% |
Apr-1986 | 80.99% |
Jul-1986 | 81.75% |
Oct-1986 | 82.02% |
Jan-1987 | 81.98% |
Apr-1987 | 81.16% |
Jul-1987 | 80.66% |
Oct-1987 | 81.23% |
Jan-1988 | 81.24% |
Apr-1988 | 81.20% |
Jul-1988 | 81.07% |
Oct-1988 | 80.46% |
Jan-1989 | 80.93% |
Apr-1989 | 81.15% |
Jul-1989 | 81.20% |
Oct-1989 | 82.18% |
Jan-1990 | 82.04% |
Apr-1990 | 81.91% |
Jul-1990 | 82.95% |
Oct-1990 | 83.44% |
Jan-1991 | 82.47% |
Apr-1991 | 82.72% |
Jul-1991 | 83.04% |
Oct-1991 | 83.54% |
Jan-1992 | 83.17% |
Apr-1992 | 83.35% |
Jul-1992 | 83.77% |
Oct-1992 | 83.19% |
Jan-1993 | 83.67% |
Apr-1993 | 82.89% |
Jul-1993 | 82.86% |
Oct-1993 | 81.60% |
Jan-1994 | 81.59% |
Apr-1994 | 81.44% |
Jul-1994 | 80.82% |
Oct-1994 | 80.51% |
Jan-1995 | 80.82% |
Apr-1995 | 80.55% |
Jul-1995 | 79.69% |
Oct-1995 | 79.86% |
Jan-1996 | 79.30% |
Apr-1996 | 79.26% |
Jul-1996 | 79.40% |
Oct-1996 | 79.48% |
Jan-1997 | 79.13% |
Apr-1997 | 79.05% |
Jul-1997 | 78.40% |
Oct-1997 | 78.69% |
Jan-1998 | 79.81% |
Apr-1998 | 80.08% |
Jul-1998 | 79.99% |
Oct-1998 | 80.64% |
Jan-1999 | 80.47% |
Apr-1999 | 80.73% |
Jul-1999 | 81.13% |
Oct-1999 | 81.49% |
Jan-2000 | 81.84% |
Apr-2000 | 81.96% |
Jul-2000 | 82.50% |
Oct-2000 | 83.32% |
Jan-2001 | 83.27% |
Apr-2001 | 82.98% |
Jul-2001 | 83.18% |
Oct-2001 | 84.19% |
Jan-2002 | 82.28% |
Apr-2002 | 82.05% |
Jul-2002 | 81.91% |
Oct-2002 | 80.85% |
Jan-2003 | 80.40% |
Apr-2003 | 80.27% |
Jul-2003 | 79.89% |
Oct-2003 | 79.92% |
Jan-2004 | 78.79% |
Apr-2004 | 78.68% |
Jul-2004 | 78.58% |
Oct-2004 | 78.44% |
Jan-2005 | 77.14% |
Apr-2005 | 76.81% |
Jul-2005 | 76.94% |
Oct-2005 | 75.72% |
Jan-2006 | 75.37% |
Apr-2006 | 75.27% |
Jul-2006 | 74.61% |
Oct-2006 | 75.91% |
Jan-2007 | 77.23% |
Apr-2007 | 76.82% |
Jul-2007 | 78.04% |
Oct-2007 | 79.08% |
Jan-2008 | 79.51% |
Apr-2008 | 79.59% |
Jul-2008 | 79.89% |
Oct-2008 | 83.64% |
Jan-2009 | 79.85% |
Apr-2009 | 79.55% |
Jul-2009 | 78.55% |
Oct-2009 | 77.55% |
Jan-2010 | 76.48% |
Apr-2010 | 76.92% |
Jul-2010 | 74.95% |
Oct-2010 | 75.06% |
Jan-2011 | 77.19% |
Apr-2011 | 76.03% |
Jul-2011 | 76.09% |
Oct-2011 | 74.30% |
Jan-2012 | 73.91% |
Apr-2012 | 74.14% |
Jul-2012 | 74.42% |
Oct-2012 | 75.17% |
Jan-2013 | 74.78% |
Apr-2013 | 74.94% |
Jul-2013 | 75.11% |
Oct-2013 | 74.74% |
Jan-2014 | 76.13% |
Apr-2014 | 74.26% |
Jul-2014 | 73.49% |
Oct-2014 | 73.86% |
Jan-2015 | 74.38% |
Apr-2015 | 74.42% |
Jul-2015 | 74.97% |
Oct-2015 | 75.50% |
Jan-2016 | 75.09% |
Apr-2016 | 75.57% |
Jul-2016 | 75.66% |
Oct-2016 | 75.81% |
Jan-2017 | 76.13% |
Apr-2017 | 76.01% |
Jul-2017 | 76.28% |
Oct-2017 | 76.48% |
Jan-2018 | 76.13% |
Apr-2018 | 76.01% |
Jul-2018 | 75.57% |
Oct-2018 | 75.54% |
Jan-2019 | 76.75% |
Apr-2019 | 76.61% |
Jul-2019 | 76.56% |
Oct-2019 | 76.45% |
Jan-2020 | 78.17% |
Apr-2020 | 78.23% |
Jul-2020 | 75.22% |
Oct-2020 | 76.10% |
Jan-2021 | 75.14% |
Apr-2021 | 73.91% |
Jul-2021 | 74.26% |
Oct-2021 | 74.87% |
Jan-2022 | 75.75% |
Apr-2022 | 74.87% |
Notes: Shaded areas denote recessions. Federal Reserve banks’ corporate profits were netted out in the calculation of labor share.
Source: EPI analysis of Bureau of Economic Analysis National Income and Product Accounts (Tables 1.14 and 6.16D)