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Real Average Hourly Earnings (today's dollars)

Name: Real Average Hourly Earnings (today's dollars)
Creator: Federal Reserve Bank of St. Louis (FRED)

$ per hour, today's dollars: $32.60 (Sep 2026).
A year earlier: $32.52 (Sep 2025), a change of +0.2%.
Highest on record here: $32.81 (Apr 2020); lowest: $25.45 (Apr 1995).

Year	Average	Year close
1964	$27.29	$27.59
1965	$27.86	$28.01
1966	$28.13	$28.22
1967	$28.58	$28.70
1968	$29.04	$29.19
1969	$29.31	$29.34
1970	$29.28	$29.38
1971	$29.93	$30.32
1972	$31.17	$31.45
1973	$31.13	$30.67
1974	$30.07	$29.61
1975	$29.42	$29.27

Source: FRED AHETPI (Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private); FRED CPIAUCSL (Consumer Price Index for All Urban Consumers: All Items in U.S. City Average). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

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