Research >> Economics
Real Average Hourly Earnings increased 0.1% in March
Real average hourly earnings for all employees increased 0.1 percent from February to March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.3-percent increase in average hourly earnings being partially offset by a 0.2-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings decreased by 0.2 percent over the month due to the increase in real average hourly earnings being more than offset by a 0.3-percent decrease in the average workweek.
Real average hourly earnings increased by 2.2 percent, seasonally adjusted, from March 2014 to March 2015. This increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 2.2-percent increase in real average weekly earnings over this period
Posted: April 17, 2015 Friday 08:30 AM