| Real* average hourly earnings rose 0.1 percent in January, seasonally adjusted. Average hourly earnings rose 0.2 percent and the CPI-U rose 0.1 percent.
Real average weekly earnings rose 0.1 percent over the month. Real average hourly earnings rose 0.4 percent, seasonally adjusted, from January 2013 to January 2014. The increase in real average hourly earnings, combined with an unchanged average workweek, resulted in a 0.4 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 2.1% over the year while the cost-of-living (CPI-U) rose 2.3%, 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. |
20 February 2014
• U.S. Real Average Hourly Earnings Rise 0.1% – January 2014
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