Research >> Economics
Real Average Hourly Earnings increased 0.1% in February
Real average hourly earnings for all employees increased 0.1 percent from January to February, 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 increase in real average hourly earnings combined with no change in the average workweek.
Real average hourly earnings were unchanged, seasonally adjusted, from February 2016 to February 2017. The unchanged real average hourly earnings combined with a 0.3-percent decrease in the average workweek resulted in a 0.3-percent decrease in real average weekly earnings over this period.
Posted: March 15, 2017 Wednesday 08:30 AM