Real Average Hourly Earnings Decrease by 0.3 Percent in August
September 18, 2017
Real average hourly earnings for all employees decreased 0.3 percent from July to August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
This result stems from a 0.1-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 decreased 0.6 percent over the month due to the change in real average hourly earnings combined with a 0.3-percent decrease in the average workweek.
Real average hourly earnings increased 0.6 percent, seasonally adjusted, from August 2016 to August 2017. The increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 0.9-percent increase in real average weekly earnings over this period.
Production and nonsupervisory employees. Real average hourly earnings for production and nonsupervisory employees decreased 0.3 percent from July to August, seasonally adjusted. 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 August 2016 to August 2017, real average hourly earnings increased 0.3 percent, seasonally adjusted. The increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 0.7-percent increase in real average weekly earnings over this period.
