BLS Reports Real Average Hourly Earnings Decrease 0.2% in November, Consumer Price Index Rises 0.4 Percent
December 18, 2017
The U.S. Bureau of Labor Statistics (BLS) has reported that real average hourly earnings for all employees decreased 0.2 percent from October to November. This result stems from a 0.2- percent increase in average hourly earnings being more than offset by a 0.4-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings increased 0.1 percent over the month due to the decrease in real average hourly earnings combined with a 0.3-percent increase in the average workweek.
Real average hourly earnings increased 0.2 percent, seasonally adjusted, from November 2016 to November 2017. The increase in real average hourly earnings combined with a 0.6-percent increase in the average workweek resulted in a 0.8-percent increase in real average weekly earnings over this period.
Production and non-supervisory employees. Real average hourly earnings for production and non-supervisory employees decreased 0.2 percent from October to November. This result stems from a 0.2-percent increase in average hourly earnings being more than offset by a 0.5-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings decreased 0.3 percent over the month due to the decrease in real average hourly earnings combined with no change in average weekly hours.
From November 2016 to November 2017, real average hourly earnings were unchanged, seasonally adjusted. 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.
