Research >> Economics
Real Average Hourly Earnings rose 0.1% in October
Real average hourly earnings for all employees rose 0.1 percent from September to October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1 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 0.4 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 0.4 percent, seasonally adjusted, from October 2013 to October 2014. This increase in real average hourly earnings, combined with a 0.6 percent increase in the average workweek, resulted in a 0.9 percent increase in real average weekly earnings over this period.
Posted: November 20, 2014 Thursday 08:30 AM