<H3>• U.S. Real Earnings – October 2015</H3>

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For the Month: Real average hourly earnings for all employees increased 0.2 percent from September to October, seasonally adjusted. This result stems from 0.4- percent increase in average hourly earnings, combined with a 0.2-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). Real average weekly earnings increased 0.2 percent over the month due to the increase in real average hourly earnings, combined with no change in the average workweek. For the Year: Real average hourly earnings increased 2.4 percent, seasonally adjusted, from October 2014 to October 2015. The increase in real average hourly earnings, combined with 0.3-percent decrease in the average workweek, resulted in a 2.1-percent increase in real average weekly earnings over this period. Please visit this link to read the full report: 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. NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/

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