Average hourly earnings for U.S. workers unchanged in August

RP news wires
Tags: talent management, business management

Real average hourly earnings for all employees was unchanged from July to August, seasonally adjusted, the U.S. Department of Labor's Bureau of Labor Statistics reported on September 17. This result stems from a 0.3 percent increase in average hourly earnings, which was offset by a 0.3 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings was about unchanged over the month, as a result of no change in both the average work week and real average hourly earnings. Since reaching a recent low in October 2009, real average weekly earnings have risen 2.0 percent.

Real average hourly earnings rose 0.5 percent, seasonally adjusted, from August 2009 to August 2010. A 1.2 percent increase in average weekly hours, combined with the increase in real average hourly earnings resulted in a 1.7 percent increase in real average weekly earnings during this period.

Production and non-supervisory employees
Real average hourly earnings for production and nonsupervisory employees fell 0.1 percent from July to August, seasonally adjusted. This result stemmed from a 0.3 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) more than offsetting a 0.2 percent increase in average hourly earnings.

Real average weekly earnings rose 0.1 percent over the month, as a 0.3 percent increase in the work week more than offset the change in real average hourly earnings. Since reaching a recent low point in June 2009, real average weekly earnings have risen 2.2 percent.

Real average hourly earnings rose 0.7 percent, seasonally adjusted, from August 2009 to August 2010. The increase in real average hourly earnings and a 1.2 percent increase in the average work week resulted in a 1.8 percent increase in real average weekly earnings during this period.


About the Author