Research >> Economics
Real Average Hourly Earnings decreased 0.1% in September
Real average hourly earnings for all employees decreased 0.1 percent from August to September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.5 percent increase in average hourly earnings being offset by a 0.5-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings decreased 0.1 percent over the month due to the change in real average hourly earnings combined with no change in the average workweek.
Real average hourly earnings increased 0.7 percent, seasonally adjusted, from September 2016 to September 2017. The increase in real average hourly earnings combined with no change in the average workweek resulted in a 0.6-percent increase in real average weekly earnings over this period.
Posted: October 13, 2017 Friday 10:41 AM