from the Bureau of Labor Statistics
Real average hourly earnings for all employees was unchanged from June to July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from an unchanged average hourly earnings, combined with a 0.1 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings was unchanged over the month due to both the real average hourly earnings and the average workweek being unchanged.
Real average hourly earnings was unchanged, seasonally adjusted, from July 2013 to July 2014. The unchanged real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 0.3 percent increase in real average weekly earnings over this period.
Production and nonsupervisory employees
Real average hourly earnings for production and nonsupervisory employees increased 0.1 percent from June to July, 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 Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings increased 0.1 percent over the month due to the increase in real average hourly earnings, combined with an unchanged average workweek.
Real average hourly earnings rose 0.3 percent, seasonally adjusted, from July 2013 to July 2014. The increase in real average hourly earnings, combined with a 0.6 percent increase in the average workweek, resulted in a 0.9 percent increase in real average weekly earnings over this period.
| July 2013 | May 2014 | June 2014(p) | July 2014(p) | |
|---|---|---|---|---|
Real average hourly earnings(1) | $10.28 | $10.28 | $10.28 | $10.28 |
Real average weekly earnings(1) | $353.51 | $354.77 | $354.73 | $354.56 |
Consumer Price Index for All Urban Consumers | 233.252 | 237.083 | 237.693 | 237.909 |
Average hourly earnings | $23.97 | $24.38 | $24.44 | $24.45 |
Average weekly hours | 34.4 | 34.5 | 34.5 | 34.5 |
Average weekly earnings | $824.57 | $841.11 | $843.18 | $843.53 |
OVER-THE-MONTH PERCENT CHANGE | ||||
Real average hourly earnings(1) | -0.2 | -0.2 | 0.0 | 0.0 |
Real average weekly earnings(1) | -0.5 | -0.1 | 0.0 | 0.0 |
Consumer Price Index for All Urban Consumers | 0.2 | 0.4 | 0.3 | 0.1 |
Average hourly earnings | 0.0 | 0.2 | 0.2 | 0.0 |
Average weekly hours | -0.3 | 0.0 | 0.0 | 0.0 |
Average weekly earnings | -0.3 | 0.2 | 0.2 | 0.0 |
OVER-THE-YEAR PERCENT CHANGE | ||||
Real average hourly earnings(1) | 0.0 | -0.1 | -0.2 | 0.0 |
Real average weekly earnings(1) | 0.0 | -0.1 | -0.2 | 0.3 |
Consumer Price Index for All Urban Consumers | 2.0 | 2.1 | 2.1 | 2.0 |
Average hourly earnings | 1.9 | 2.1 | 1.9 | 2.0 |
Average weekly hours | 0.0 | 0.0 | 0.0 | 0.3 |
Average weekly earnings | 1.9 | 2.1 | 1.9 | 2.3 |
Footnotes | ||||
| July 2013 | May 2014 | June 2014(p) | July 2014(p) | |
|---|---|---|---|---|
Real average hourly earnings(2) | $8.77 | $8.81 | $8.79 | $8.80 |
Real average weekly earnings(2) | $293.89 | $296.78 | $296.32 | $296.67 |
Consumer Price Index for Urban Wage Earners and Clerical Workers | 229.687 | 233.236 | 233.941 | 234.118 |
Average hourly earnings | $20.15 | $20.54 | $20.57 | $20.61 |
Average weekly hours | 33.5 | 33.7 | 33.7 | 33.7 |
Average weekly earnings | $675.03 | $692.20 | $693.21 | $694.56 |
OVER-THE-MONTH PERCENT CHANGE | ||||
Real average hourly earnings(2) | -0.1 | -0.1 | -0.2 | 0.1 |
Real average weekly earnings(2) | -0.6 | -0.1 | -0.2 | 0.1 |
Consumer Price Index for Urban Wage Earners and Clerical Workers | 0.2 | 0.3 | 0.3 | 0.1 |
Average hourly earnings | 0.1 | 0.2 | 0.1 | 0.2 |
Average weekly hours | -0.6 | 0.0 | 0.0 | 0.0 |
Average weekly earnings | -0.4 | 0.2 | 0.1 | 0.2 |
OVER-THE-YEAR PERCENT CHANGE | ||||
Real average hourly earnings(2) | 0.0 | 0.3 | 0.1 | 0.3 |
Real average weekly earnings(2) | -0.6 | 0.3 | 0.2 | 0.9 |
Consumer Price Index for Urban Wage Earners and Clerical Workers | 2.0 | 2.1 | 2.0 | 1.9 |
Average hourly earnings | 2.0 | 2.4 | 2.2 | 2.3 |
Average weekly hours | -0.6 | 0.0 | 0.0 | 0.6 |
Average weekly earnings | 1.4 | 2.4 | 2.2 | 2.9 |
Footnotes | ||||
