Wage Growth

U.S. Hourly Pay Growth Eases to 3.0% as September Payroll Gains Slow

Average hourly earnings for private-sector workers rose 5 cents to $37.81 in September, up 3.0% from a year earlier, BLS said, as payroll growth slowed to 29,000.

Homebase Hourly Wage Growth Ticks Up to 6.8% in September, Fastest Since January

Average hourly wages at businesses running Homebase Payroll were 6.8% higher in September than a year earlier, at $16.76, the fastest growth since January. Paychex’s separate small-business measure showed 2.78% growth; the two cover different employers and methods.
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Florida’s Minimum Wage Reaches $15 an Hour on September 30

Florida’s minimum wage rises to $15 an hour on September 30, 2026, and the tipped minimum to $11.98, completing the $1-a-year schedule voters approved in 2020. The next change, an inflation adjustment, takes effect January 1, 2028.

The Atlanta Fed’s Job-Switcher Wage Measure Reaches 5%, but That Is Not a Guaranteed Raise

The Atlanta Fed’s Wage Growth Tracker shows job switchers’ median wage growth at 5.0% in August, the widest gap over job stayers since early 2023. It is a national median, not a promise for any single offer.

Why Wage Growth and Purchasing Power Are Telling Different Stories

Median wage growth on the Atlanta Fed tracker rose to 4.1% in August, yet BLS real average hourly earnings fell 0.3% over the year. Both are accurate; they measure different things.

Job Changers Still Held a Pay-Growth Advantage in August, ADP Data Shows

The Pay ReportBase pay for U.S. job changers increased 4.7% from a year earlier in August, compared with 3.0%...

Real Hourly Earnings Slipped in August as Consumer Prices Outpaced Pay

The Pay ReportReal average hourly earnings for U.S. employees fell 0.1% from July to August after consumer prices rose...