FX.co ★ Stagnant Wages Persist: US Average Hourly Earnings Maintain 3.8% Growth

In a continuation of the economic trend, average hourly earnings in the United States remained steady at a 3.8% year-over-year growth in April 2025, mirroring the growth rate from March. This data reflects the consistency in wage increases experienced by American workers over the past year.

The unchanged figure of 3.8% is indicative of a stable yet modest growth in labor compensation, suggesting that while wages are not declining, they are also not exhibiting the accelerated growth that economists and workers might hope for. In a period of economic evaluation, stakeholders are keenly observing these wage trends as they assess the overall health of the job market and consumer purchasing power.

Experts continue to monitor these figures closely to determine their implications on broader economic policies and inflation rates. As the Federal Reserve weighs its policy options, the stagnation in wage growth could inform future monetary decisions aimed at fostering economic expansion and maintaining cost stability for the average American consumer. This steady figure acts as both a benchmark and a potential point of concern for future economic planning and strategies.