Research >> Economics
Real Average Hourly Earnings rose 0.2% in November
Real average hourly earnings for all employees rose 0.2 percent from October to November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase stems from a 0.2 percent increase in average hourly earnings combined with an unchanged Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings rose 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 rose 0.9 percent, seasonally adjusted, from November 2012 to November 2013. The increase in real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 1.1 percent increase in real average weekly earnings over this period.
Posted: December 17, 2013 Tuesday 08:30 AM