U.S. Wage Growth Is ‘Higher Than We Think’, Fed Researchers Say

U.S. workers are experiencing larger wage growth than you’ve been reading in the news.

That’s according to a new study by a group of researchers at the Federal Reserve Banks of Dallas and Cleveland. The researchers conclude that average hourly earnings -- or AHE ---reported by the Bureau of Labor Statistics understates real wage growth by "a notable amount," according to a Feb. 26 blog post.