Research >> Economics
Real Average Hourly Earnings unch% in April
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Real average hourly earnings for all employees were unchanged from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1-percent increase in average hourly earnings being offset by a 0.2-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 no change in both real average hourly earnings and the average workweek.
Real average hourly earnings increased 0.2 percent, seasonally adjusted, from April 2017 to April 2018. The increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 0.4-percent increase in real average weekly earnings over this period.
Production and nonsupervisory employees
Real average hourly earnings for production and nonsupervisory employees decreased 0.1 percent from March to April, seasonally adjusted. This result stems from a 0.2-percent increase in average hourly earnings combined with a 0.3-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings increased 0.3 percent over the month due to the decrease in real average hourly earnings combined with a 0.3-percent increase in average weekly hours.
From April 2017 to April 2018, real average hourly earnings were unchanged, seasonally adjusted. Combining real average hourly earnings 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: May 10, 2018 Thursday 08:30 AM