Real Average Hourly Earnings Decrease 0.2%, CPI For All Items Increases 0.5% in January

February 19, 2018

Real average hourly earnings for all employees decreased 0.2 percent from December to January. This result stems from a 0.3-percent increase in average hourly earnings offset by a 0.5-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased 0.8 percent over the month due to the decrease in real average hourly earnings combined with a 0.6-percent decrease in the average workweek.

Real average hourly earnings increased 0.8 percent, seasonally adjusted, from January 2017 to January 2018. The increase in real average hourly earnings combined with a 0.3-percent decrease in the average workweek resulted in a 0.4-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 0.5 percent from December to January, seasonally adjusted. This result stems from a 0.1-percent increase in average hourly earnings offset by a 0.6-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

Real average weekly earnings decreased 0.8 percent over the month due to the decrease in real average hourly earnings combined with a 0.3-percent decrease in average weekly hours.

From January 2017 to January 2018, real average hourly earnings increased 0.1 percent, seasonally adjusted. The increase in real average hourly earnings combined with no change in the average workweek resulted in a 0.2-percent increase in real average weekly earnings over this period.