Professional Service Agreement

Average Hourly Earnings Decrease 0.1% in July, CPI Increases 0.3%

August 21, 2019

The U.S. Bureau of Labor Statistics has reported that real average hourly earnings for all employees decreased 0.1 percent from May to June. This result stems from a 0.3-percent increase in average hourly earnings combined with a 0.3-percent increase in the Consumer Price Index (CPI). Real average hourly earnings increased 1.3 percent from July 2018 to July 2019. The change in real average hourly earnings combined with a 0.6-percent decrease in the average workweek resulted in a 0.8-percent increase in real average weekly earnings over this period.