Real earnings up 0.1 percent in August
September 19, 2013
Real average hourly earnings for all employees rose 0.1 percent from July to August, seasonally adjusted. This increase stems from a 0.2-percent increase in average hourly earnings being partially offset by a 0.1-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings rose 0.4 percent in August, the result of the increase in real average hourly earnings and a 0.3-percent increase in the average workweek.
Over the year (August 2012 to August 2013), real average hourly earnings rose 0.7 percent, seasonally adjusted. The increase in real average hourly earnings, combined with an unchanged average workweek, resulted in a 0.8-percent increase in real average weekly earnings over this period.
These earnings data are from the Current Employment Statistics program. Earnings data for July and August are preliminary and subject to revision. To learn more, see “Real Earnings — August 2013” (HTML) (PDF), news release USDL‑13‑1885. The Consumer Price Index for All Urban Consumers from the Consumer Price Indexes program is used to deflate the all employees data.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings up 0.1 percent in August on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130919.htm (visited December 21, 2014).
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