Ah, but, sadly, no, for these are nominal wage rises (actually, employment costs, so including the costs of benefits like health care insurance). And nominal wages aren't what we're truly interested in at all, we want to know what real wage rises are, after inflation. We'd like real wages to be rising at that 2 % or more a year, not pre-inflation being taken into account with nominal wages rising by that number. But even using that main one we get to a real wage rise of 0.1%, or maybe, given the accuracy of these things, nothing. Meaning that we could say that real wages grew by 1.3%.

Source: Forbes January 31, 2017 17:54 UTC