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Real Average Hourly Earnings decreased 0.2% in November
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Real average hourly earnings for all employees decreased 0.2 percent from October to November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.2 percent increase in average hourly earnings being more than offset by a 0.4-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings increased 0.1 percent over the month due to the decrease in real average hourly earnings combined with a 0.3-percent increase in the average workweek.
Real average hourly earnings increased 0.2 percent, seasonally adjusted, from November 2016 to November 2017. The increase in real average hourly earnings combined with a 0.6-percent increase in the average workweek resulted in a 0.8-percent increase in real average weekly earnings over this period.
Production and nonsupervisory employees
Real average hourly earnings for production and nonsupervisory employees decreased 0.2 percent from October to November, seasonally adjusted. This result stems from a 0.2-percent increase in average hourly earnings being more than offset by a 0.5-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings decreased 0.3 percent over the month due to the decrease in real average hourly earnings combined with no change in average weekly hours.
From November 2016 to November 2017, real average hourly earnings were unchanged, seasonally adjusted. The unchanged real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 0.3-percent increase in real average weekly earnings over this period.
Posted: December 13, 2017 Wednesday 08:30 AM