SignalGeopolitics
Inflation-adjusted hourly pay is little changed since Trump took office in January 2025
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Context
What happened: Average hourly pay was $37.81 in September, compared with $37.79 for January 2025 in today's dollars, as prices rose 3.7%.
Key numbers: $37.81 September average hourly pay. $37.79 January 2025 pay in today's dollars. 3.7% price increase.
Why it matters: Inflation-adjusted hourly pay is little changed since Trump took office in January 2025, so pay gains have not kept pace with rising prices.
What changed
Average hourly pay was $37.81 in September, compared with $37.79 for January 2025 in today's dollars, as prices rose 3.7%.
Why it matters
Inflation-adjusted hourly pay is little changed since Trump took office in January 2025, so pay gains have not kept pace with rising prices.