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Real Average Hourly Earnings increased 0.1% in September
Real average hourly earnings for all employees increased 0.1 percent from August to September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from essentially no change in average hourly earnings combined with a 0.2-percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings decreased 0.2 percent over the month due to the increase in real average hourly earnings being more than offset by a decrease of 0.3 percent in the average workweek.
Real average hourly earnings increased 2.2 percent, seasonally adjusted, from September 2014 to September 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: October 15, 2015 Thursday 08:30 AM