Why Americans Aren’t Feeling Those Wage Gains

The consumer-price index rose 0.2% in April, as average hourly pay in the private sector remained flat

Rising inflation is eating up more of U.S. workers’ paychecks.

Average hourly pay for private-sector workers, adjusted for inflation, was flat in April from a month earlier, the Labor Department said Thursday. Average weekly earnings, also taking into account inflation, fell 0.1% last month.

From a year earlier, real average hourly earnings...