Research >> Economics
Real Average Hourly Earnings decreased 0.1% in October
Real average hourly earnings for all employees decreased 0.1 percent from September to October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from no change in average hourly earnings combined with a 0.1-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings decreased 0.1 percent over the month due to the decrease in real average hourly earnings combined with no change in the average workweek.
Real average hourly earnings increased 0.4 percent, seasonally adjusted, from October 2016 to October 2017. The increase in real average hourly earnings combined with no change in the average workweek resulted in a 0.4-percent increase in real average weekly earnings over this period.
Posted: November 15, 2017 Wednesday 08:30 AM