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Wage Growth Slips: Union Workers Outpace Non-Union Compensation

5/2/2025

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Summary

Story summary

Private sector wage growth decreased from 3.7% in December to 3.4% in March, according to the Bureau of Labor Statistics.
Union worker compensation increased by 4.6%, compared to a 3.3% rise for non-union workers.
Inflation risks could surpass wage growth, affecting real income gains.
The decline in compensation raises concerns about future consumer spending in the US economy.

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Story summary

Private sector wage growth decreased from 3.7% in December to 3.4% in March, according to the Bureau of Labor Statistics.
Union worker compensation increased by 4.6%, compared to a 3.3% rise for non-union workers.
Inflation risks could surpass wage growth, affecting real income gains.
The decline in compensation raises concerns about future consumer spending in the US economy.