Real average hourly earnings for all employees were unchanged from August to September, seasonally
adjusted. This result stems from a 0.1 percent
increase in average hourly earnings being offset by a 0.2 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 an unchanged real average hourly earnings and an unchanged average workweek. Real average hourly earnings rose 0.9 percent, seasonally adjusted, from September 2012 to September 2013.The increase in real average hourly earnings, combined with an unchanged average workweek, resulted in a 0.9 percent increase in real average weekly earnings over this period. Source: USDOL-BLS *Note: Real earnings show the effect of inflation on your pay. If your salary went up by 2.1% over the year while the cost-of-living (CPI-U) rose 1.2%, then the “real” value of your salary rose by 0.9% [differences in some of the data are due to rounding and seasonal adjustment]. The figures reported here are earnings for all employees on private nonfarm payrolls, seasonally adjusted. Click on chart to enlarge |
31 October 2013
• U.S. Real* Earnings – September 2013 [Inflation, wages, pay, salaries]
Labels:
Inflation,
Real wages,
salaries
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