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Real average weekly earnings down 3.6 percent from July 2021 to July 2022
August 16, 2022
Real (adjusted for inflation) average weekly earnings decreased 3.6 percent from July 2021 to July 2022. During this period, real average hourly earnings decreased 3.0 percent.
Weekly earnings of all employees and consumer price index, January 2012–July 2022
Month
Average weekly earnings of all employees, total private, seasonally adjusted
Real average weekly earnings of all employees, 1982–1984 dollars, total private, seasonally adjusted
12-month change, Consumer Price Index for All Urban Consumers (CPI-U)
Average weekly earnings
12-month percent change
Real average weekly earnings
12-month percent change
Jan 2012
$801.78
2.6%
$351.90
-0.4%
2.9%
Feb 2012
802.82
2.3
351.61
-0.5
2.9
Mar 2012
803.58
2.4
351.20
-0.1
2.7
Apr 2012
806.96
2.3
352.10
0.1
2.3
May 2012
804.62
2.0
351.80
0.3
1.7
Jun 2012
807.02
2.3
353.14
0.6
1.7
Jul 2012
808.74
1.8
353.80
0.4
1.4
Aug 2012
808.06
2.1
351.46
0.4
1.7
Sep 2012
810.81
2.0
350.98
0.0
2.0
Oct 2012
810.46
1.6
349.88
-0.6
2.2
Nov 2012
812.87
1.9
351.51
0.1
1.8
Dec 2012
818.69
2.5
354.07
0.8
1.7
Jan 2013
817.34
1.9
352.79
0.3
1.6
Feb 2013
820.07
2.1
352.06
0.1
2.0
Mar 2013
821.45
2.2
353.64
0.7
1.5
Apr 2013
821.13
1.8
354.25
0.6
1.1
May 2013
824.21
2.4
355.43
1.0
1.4
Jun 2013
826.97
2.5
355.77
0.7
1.8
Jul 2013
824.91
2.0
354.19
0.1
2.0
Aug 2013
829.04
2.6
355.12
1.0
1.5
Sep 2013
827.66
2.1
354.39
1.0
1.2
Oct 2013
828.70
2.3
354.65
1.4
1.0
Nov 2013
833.52
2.5
356.05
1.3
1.2
Dec 2013
831.45
1.6
354.23
0.0
1.5
Jan 2014
832.82
1.9
353.96
0.3
1.6
Feb 2014
834.18
1.7
354.15
0.6
1.1
Mar 2014
838.70
2.1
355.34
0.5
1.5
Apr 2014
839.73
2.3
355.11
0.2
2.0
May 2014
841.80
2.1
355.31
0.0
2.1
Jun 2014
843.53
2.0
355.57
-0.1
2.1
Jul 2014
844.56
2.4
355.61
0.4
2.0
Aug 2014
849.78
2.5
357.86
0.8
1.7
Sep 2014
847.32
2.4
356.80
0.7
1.7
Oct 2014
850.47
2.6
358.20
1.0
1.7
Nov 2014
852.89
2.3
359.90
1.1
1.3
Dec 2014
852.89
2.6
361.01
1.9
0.8
Jan 2015
853.19
2.4
363.45
2.7
-0.1
Feb 2015
857.39
2.8
364.32
2.9
0.0
Mar 2015
856.98
2.2
363.16
2.2
-0.1
Apr 2015
858.71
2.3
363.52
2.4
-0.2
May 2015
861.12
2.3
363.34
2.3
0.0
Jun 2015
861.81
2.2
362.63
2.0
0.1
Jul 2015
862.85
2.2
362.49
1.9
0.2
Aug 2015
865.95
1.9
363.79
1.7
0.2
Sep 2015
866.30
2.2
364.76
2.2
0.0
Oct 2015
871.92
2.5
366.76
2.4
0.2
Nov 2015
870.78
2.1
365.85
1.7
0.5
Dec 2015
871.82
2.2
366.68
1.6
0.7
Jan 2016
877.46
2.8
369.22
1.6
1.4
Feb 2016
873.42
1.9
368.01
1.0
1.0
Mar 2016
875.48
2.2
367.73
1.3
0.9
Apr 2016
878.23
2.3
367.47
1.1
1.1
May 2016
879.61
2.1
367.18
1.1
1.0
Jun 2016
881.67
2.3
367.02
1.2
1.0
Jul 2016
883.74
2.4
368.07
1.5
0.8
Aug 2016
882.20
1.9
366.75
0.8
1.1
Sep 2016
886.49
2.3
367.57
0.8
1.5
Oct 2016
890.27
2.1
368.27
0.4
1.6
Nov 2016
891.30
2.4
368.27
0.7
1.7
Dec 2016
892.34
2.4
367.77
0.3
2.1
Jan 2017
895.43
2.0
367.55
-0.5
2.5
Feb 2017
894.54
2.4
366.61
-0.4
2.7
Mar 2017
895.57
2.3
367.20
-0.1
2.4
Apr 2017
900.25
2.5
368.66
0.3
2.2
May 2017
901.62
2.5
369.51
0.6
1.9
Jun 2017
903.34
2.5
369.97
0.8
1.6
Jul 2017
906.44
2.6
371.12
0.8
1.7
Aug 2017
907.13
2.8
369.98
0.9
1.9
Sep 2017
908.61
2.5
368.70
0.3
2.2
Oct 2017
911.26
2.4
369.49
0.3
2.0
Nov 2017
915.63
2.7
370.27
0.5
2.2
Dec 2017
919.43
3.0
371.03
0.9
2.1
Jan 2018
919.51
2.7
369.66
0.6
2.1
Feb 2018
922.88
3.2
369.98
0.9
2.2
Mar 2018
926.33
3.4
371.15
1.1
2.4
Apr 2018
927.71
3.1
370.87
0.6
2.5
May 2018
930.47
3.2
371.03
0.4
2.8
Jun 2018
932.54
3.2
371.36
0.4
2.9
Jul 2018
934.95
3.1
372.01
0.2
2.9
Aug 2018
938.75
3.5
372.89
0.8
2.7
Sep 2018
942.20
3.7
373.53
1.3
2.3
Oct 2018
943.92
3.6
373.29
1.0
2.5
Nov 2018
943.59
3.1
373.47
0.9
2.2
Dec 2018
950.82
3.4
376.49
1.5
1.9
Jan 2019
952.20
3.6
377.15
2.0
1.6
Feb 2019
952.88
3.3
376.43
1.7
1.5
Mar 2019
959.10
3.5
377.19
1.6
1.9
Apr 2019
955.63
3.0
374.52
1.0
2.0
May 2019
958.04
3.0
375.22
1.1
1.8
Jun 2019
961.14
3.1
376.38
1.4
1.6
Jul 2019
964.23
3.1
376.80
1.3
1.8
Aug 2019
967.67
3.1
377.73
1.3
1.7
Sep 2019
968.36
2.8
377.39
1.0
1.7
Oct 2019
971.11
2.9
377.42
1.1
1.8
Nov 2019
972.41
3.1
377.21
1.0
2.1
Dec 2019
973.09
2.3
376.78
0.1
2.3
Jan 2020
975.15
2.4
376.97
0.0
2.5
Feb 2020
982.46
3.1
379.32
0.8
2.3
Mar 2020
981.74
2.4
380.28
0.8
1.5
Apr 2020
1,026.34
7.4
400.77
7.0
0.3
May 2020
1,030.94
7.6
402.80
7.4
0.1
Jun 2020
1,015.86
5.7
394.94
4.9
0.6
Jul 2020
1,017.59
5.5
393.59
4.5
1.0
Aug 2020
1,022.96
5.7
394.08
4.3
1.3
Sep 2020
1,026.95
6.1
394.69
4.6
1.4
Oct 2020
1,030.60
6.1
395.85
4.9
1.2
Nov 2020
1,031.82
6.1
395.76
4.9
1.2
Dec 2020
1,038.22
6.7
396.93
5.3
1.4
Jan 2021
1,047.55
7.4
399.52
6.0
1.4
Feb 2021
1,039.38
5.8
394.68
4.0
1.7
Mar 2021
1,049.09
6.9
395.84
4.1
2.6
Apr 2021
1,053.98
2.7
395.15
-1.4
4.2
May 2021
1,059.56
2.8
394.48
-2.1
5.0
Jun 2021
1,062.10
4.6
391.98
-0.7
5.4
Jul 2021
1,067.32
4.9
392.13
-0.4
5.4
Aug 2021
1,067.37
4.3
390.85
-0.8
5.3
Sep 2021
1,076.02
4.8
392.40
-0.6
5.4
Oct 2021
1,082.63
5.0
391.42
-1.1
6.2
Nov 2021
1,086.80
5.3
390.20
-1.4
6.8
Dec 2021
1,092.02
5.2
389.83
-1.8
7.0
Jan 2022
1,091.98
4.2
387.32
-3.1
7.5
Feb 2022
1,096.52
5.5
385.85
-2.2
7.9
Mar 2022
1,098.55
4.7
381.83
-3.5
8.5
Apr 2022
1,102.36
4.6
381.88
-3.4
8.3
May 2022
1,106.51
4.4
379.63
-3.8
8.6
Jun 2022
1,111.35
4.6
376.31
-4.0
9.1
Jul 2022
1,116.54
4.6
378.14
-3.6
8.5
Note: Earnings data for the 2 most recent months are preliminary.
The change in real average hourly earnings, combined with a 0.6 percent decrease in the average workweek, resulted in the 3.6-percent decrease in real average weekly earnings since July 2021. The Consumer Price Index for all Urban Consumers increased 8.5 percent over the year.
Since January 2012, average weekly earnings not adjusted for inflation have increased from $801.78 to $1,116.54. Real average weekly earnings (in 1982–1984 dollars) were $351.90 in January 2012 and rose to $402.80 in May 2020 before trending down, reaching $378.14 in July 2022.
United States Department of Labor
