Wage gains remained strong in August as hiring slowed.


By Jeanna Smialek

Wages continued to grow briskly in August even as hiring decelerated, a surprising development that economists said was probably driven partly by continuing demand for workers in spite of coronavirus outbreaks caused by the Delta variant.

Average hourly earnings climbed by 0.6 percent from July to August, more than the 0.3 percent that economists in a Bloomberg survey had forecast. Over the past year, they were up 4.3 percent, exceeding the expected 3.9 percent.

Leisure and hospitality wages are well outpacing overall wages.

Percent change in earnings for non-managers since January 2019

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