Professional Service Agreement

Average Hourly Earnings Increase 0.3% in February, CPI Increases 0.2%

March 18, 2019

The U.S. Bureau of Labor Statistics has reported that real average hourly earnings for all employees increased 0.3 percent from January to February. This result stems from a 0.4-percent increase in average hourly earnings combined with a 0.2-percent increase in the Consumer Price Index (CPI). Real average hourly earnings increased 1.9 percent from February 2018 to February 2019; during this same time period, the CPI increased 1.5 percent.