Research >> Economics
Real Average Hourly Earnings increased 0.1% in November
Real average hourly earnings for all employees increased 0.1 percent from October to November, 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 no change 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, combined with a 0.3-percent decrease in the average workweek.
Real average hourly earnings increased 1.8 percent, seasonally adjusted, from November 2014 to November 2015. The increase in real average hourly earnings, combined with a 0.3-percent decrease in the average workweek, resulted in a 1.6-percent increase in real average weekly earnings over this period.
Posted: December 15, 2015 Tuesday 08:30 AM