US Average Hourly Earnings (Real, 2025 USD)
$36.16 as of Jun 2026 · stonks (computed)
Average hourly earnings of all employees on private nonfarm payrolls, deflated to constant 2025 dollars using CPI-U — the classic real-wage chart.
2006–2026 · 244 observationssource: stonks (computed) · vintage 2026-07-04
Methodology
Computed by stonks: nominal average hourly earnings (series us-average-hourly-earnings) deflated by US CPI-U (series us-cpi) to constant 2025 dollars. Real value = nominal × (2025 average CPI ÷ CPI at or before the observation date), both series monthly so alignment is typically exact-month, step-aligned (never interpolated) when publication dates differ. Fixed 2025 base year. This is the standard 'real wage' series: whether earnings are keeping pace with inflation.