Oct 4, 2019
Wage gains flatten in September
Average hourly earnings were unchanged in September, and the annual growth rate fell 0.3% from the previous month.
An employee restocks a shelf in the grocery section of a Wal-Mart Supercenter in 2005 in Troy, Ohio.
Chris Hondros/Getty Images
Worker pay has been relatively strong, even as the economy slows and the number of new jobs created has moderated this year.
But average hourly earnings were basically flat in September, according to the Bureau of Labor Statistics, at $28.09 an hour. Meanwhile, the annual growth rate fell to 2.9% — the lowest it’s been in more than a year.