Wisconsin has seen the sixth-strongest average wage growth in the country this year, but data from the past two months shows the increase slowed sharply in October and November.
The reversal includes two consecutive months of average weekly wages in metro Milwaukee for the first time since mid-2015, according to data from the U.S. Bureau of Labor Statistics.
Wage increases, measured as the year-over-year change in average weekly wages, averaged an increase of 4.7 percent statewide during the first 11 months of the year. The increase was nearly 5.8 percent in both the first and second quarters and 5.1 percent in the third quarter.
In October and November, however, Wisconsin wages have increased an average of 1 percent.
Compared to other states, Wisconsin ranked third in wage growth in the first quarter, fifth in the second and 10th in the third. For the first two months of the fourth quarter, Wisconsin ranks 40th. Wages increased 1.4 percent in October and 0.5 percent in November.
The two-month stretch represents the first consecutive months with wage growth of less than 1.5 percent since early 2016.
Read more in BizTimes Milwaukee.