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Real Average Hourly Earnings increased 0.2% in June
Real average hourly earnings for all employees increased 0.2 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.2-percent increase in average hourly earnings combined with no change in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings increased 0.5 percent over the month due to the increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek.
Real average hourly earnings increased 0.8 percent, seasonally adjusted, from June 2016 to June 2017. The increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 1.1-percent increase in real average weekly earnings over this period.
Posted: July 14, 2017 Friday 08:30 AM