Real average weekly earnings up 2.2 percent over the year

October 20, 2015

Real average weekly earnings increased 2.2 percent over the September 2014 to September 2015 period, the result of a 2.2-percent increase in average hourly earnings combined with no change in both the average workweek and the Consumer Price Index for all Urban Consumers (CPI-U) over the same period.

12-month percent change in real average weekly earnings, average hourly earnings, and average weekly hours for all employees on private nonfarm payrolls, and CPI-U, seasonally adjusted, September 2014–September 2015
Month Real average
weekly earnings
Average
hourly
earnings
Average
weekly
hours
   CPI-U   

Sep 2014

0.7 2.0 0.3 1.6

Oct 2014

1.0 2.0 0.6 1.6

Nov 2014

1.1 2.1 0.3 1.3

Dec 2014

2.0 1.8 0.9 0.7

Jan 2015

3.0 2.2 0.6 -0.2

Feb 2015

2.6 2.0 0.6 -0.1

Mar 2015

2.1 2.1 0.0 0.0

Apr 2015

2.4 2.3 0.0 -0.1

May 2015

2.2 2.3 0.0 0.0

Jun 2015

1.8 2.0 0.0 0.2

Jul 2015

2.3 2.2 0.3 0.2

Aug 2015

2.3 2.2 0.3 0.2

Sep 2015

2.2 2.2 0.0 0.0

Note: The Consumer Price Index for All Urban Consumers (CPI-U) is used to deflate the earnings series for all employees. Data for the most recent month are preliminary.

From September 2014 to September 2015, the 12-month change in real average weekly earnings ranged from 0.7 percent to 3.0 percent. The change in average hourly earnings over this period (ranging between 1.8 and 2.3 percent) has been consistently higher than the change in average weekly hours (0.0 to 0.9 percent). The CPI-U has ranged from −0.2 percent to 1.6 percent.

These data are from the Current Employment Statistics program and are seasonally adjusted. For more information, see "Real Earnings — September 2015" (HTML) (PDF). The Consumer Price Index for All Urban Consumers, from the Consumer Price Index program, is used to adjust earnings for all employees for inflation. Data for the most recent month are preliminary.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average weekly earnings up 2.2 percent over the year on the Internet at https://www.bls.gov/opub/ted/2015/real-average-weekly-earnings-up-2-point-2-percent-over-the-year.htm (visited September 19, 2019).

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