Research >> Economics
Real Average Hourly Earnings decreased 0.4% in June
Real average hourly earnings for all employees decreased 0.4 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from no change in average hourly earnings being combined with a 0.3-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings decreased 0.3 percent over the month due to the decrease in real average hourly earnings and no change in the average workweek.
Real average hourly earnings increased 1.7 percent, seasonally adjusted, from June 2014 to June 2015. This increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 1.8-percent increase in real average weekly earnings over this period.
Posted: July 17, 2015 Friday 08:30 AM