Average hourly earnings in constant 1982 dollars (inflation adjusted) have been constant for the duration of this expansion. That is consistent with the median household income information from the Census Bureau as well. The recent jump is due to the drop in hours documented below.
Notice the weekly hours have dropped since (roughly) mid-2008. This indicates that employers are trying to do everything they can to avoid lay-offs.These two statistics tell us two very important facts.
1.) The total hours worked have been dropping for the last year or so, and
2.) Wages have been stagnant for the duration of this expansion.
