Research >> Economics
Real Average Hourly Earnings increased 0.1% in June
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Real average hourly earnings for all employees increased 0.1 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 a 0.1-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings increased 0.1 percent over the month due to the change in real average hourly earnings combined with no change to the average workweek.
Real average hourly earnings were unchanged, seasonally adjusted, from June 2017 to June 2018. Real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 0.2-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 May to June, seasonally adjusted. This result stems from a 0.2-percent increase in average hourly earnings combined with a 0.1-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
After combining the change in real average hourly earnings with no change in average weekly hours, real average weekly earnings were unchanged over the month.
From June 2017 to June 2018, real average hourly earnings decreased 0.2 percent, seasonally adjusted. Combining the change in real average hourly earnings with a 0.3-percent increase in the average workweek resulted in no change to real average weekly earnings over this period.
Posted: July 12, 2018 Thursday 08:30 AM