<H3>• U.S. Real Earnings – November 2013</H3>

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Real average hourly earnings for all employees rose 0.2 percent from October to November, seasonally adjusted. This increase stems from a 0.2 percent increase in average hourly earnings combined with an unchanged Consumer Price Index (sa) 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. See the complete report at this link: USDOL-BLS *Note: Real earnings show the effect of inflation on your pay. If your salary went up by 1.1% over the year while the cost-of-living (CPI-U) rose 1.3%, then the “real” value of your salary fell by 0.2% [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.

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