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Real Average Hourly Earnings unch% in November
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Real average hourly earnings for all employees were unchanged from October to November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from an increase of 0.2 percent in average hourly earnings combined with an increase of 0.3 percent in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings were unchanged over the month due to no change in real average hourly earnings or the average workweek.
Real average hourly earnings increased 1.1 percent, seasonally adjusted, from November 2018 to November 2019. The change in real average hourly earnings combined with no change in the average workweek resulted in a 1.1-percent increase in real average weekly earnings over this period.
Production and nonsupervisory employees
Real average hourly earnings for production and nonsupervisory employees increased 0.1 percent from October to November, seasonally adjusted. This result stems from a 0.3-percent increase in average hourly earnings combined with an increase of 0.2 percent in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings increased 0.1 percent over the month due to the increase in real average hourly earnings combined with no change in average weekly hours.
From November 2018 to November 2019, real average hourly earnings increased 1.7 percent, seasonally adjusted. The change in real average hourly earnings combined with a 0.6-percent decrease in the average workweek resulted in a 1.1-percent increase in real average weekly earnings over this period.
Posted: December 11, 2019 Wednesday 08:30 AM