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Real Average Hourly Earnings unchanged% in February
Real average hourly earnings for all employees were unchanged from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1-percent decrease in average hourly earnings being offset by a 0.2-percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings decreased 0.5 percent over the month due to no change in real average hourly earnings combined with a 0.6-percent decrease in the average workweek.
Real average hourly earnings increased 1.2 percent, seasonally adjusted, from February 2015 to February 2016. This increase in real average hourly earnings, combined with a 0.6-percent decrease in the average workweek, resulted in a 0.6-percent increase in real average weekly earnings over this period.
Posted: March 16, 2016 Wednesday 08:30 AM