Real wages

This chart uses data from the Quarterly Employment Survey which was just released this week. It is adjusted for inflation.

In December 2017 the average hourly wage was $42.16 (in 2025$) and in December 2023 when Labour left office it was $42.20. So an increase of 4 cents an hour over six years! Thanks Grant.

Since December 2023, the average hourly wage has increased to $42.85, so 65 cents an hour more after just five quarters. That is equally to around $1,350 a year.

The post Real wages first appeared on Kiwiblog.