Hourly Earnings: Real average hourly earnings for all employees fell 0.2 percent from August to September, seasonally
adjusted. This result stems from unchanged average
hourly earnings combined with a 0.1 percent increase in the Consumer Price Index for All Urban
Consumers (CPI-U).
Weekly Earnings: Real average weekly earnings increased by 0.2 percent over the month due to a 0.3 percent increase in
the average workweek more than offsetting the decline in real average hourly earnings.
12-Month Change: Real average hourly earnings increased by 0.3 percent, seasonally adjusted, from September 2013 to September 2014. This gain in real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 0.6 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. |
22 October 2014
• U.S. Real Earnings – September 2014
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