REAL EARNINGS


SUBMITTED BY: prosenjit271294

DATE: Aug. 24, 2016, 4:41 p.m.

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  1. All employees
  2. Real average hourly earnings for all employees increased 0.4 percent from June to July, seasonally
  3. adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.3-percent
  4. increase in average hourly earnings combined with essentially no change in the Consumer Price Index
  5. for All Urban Consumers (CPI-U).
  6. Real average weekly earnings increased 0.6 percent over the month due to the increase in real average
  7. hourly earnings combined with a 0.3-percent increase in the average workweek.
  8. Real average hourly earnings increased 1.7 percent, seasonally adjusted, from July 2015 to July 2016.
  9. This increase in real average hourly earnings combined with a 0.3-percent decrease in the average
  10. workweek resulted in a 1.4-percent increase in real average weekly earnings over this period.
  11. Production and nonsupervisory employees
  12. Real average hourly earnings for production and nonsupervisory employees increased 0.3 percent from
  13. June to July, seasonally adjusted. This result stems from a 0.3-percent increase in average hourly
  14. earnings combined with a 0.1-percent decrease in the Consumer Price Index for Urban Wage Earners
  15. and Clerical Workers (CPI-W).
  16. Real average weekly earnings increased 0.7 percent over the month due to the increase in real average
  17. hourly earnings combined with a 0.3-percent increase in average weekly hours.
  18. From July 2015 to July 2016, real average hourly earnings increased 2.0 percent, seasonally adjusted.
  19. The increase in real average hourly earnings combined with no change in the average workweek resulted
  20. in a 2.1-percent increase in real average weekly earnings over this period.
  21. ______________
  22. Real Earnings for August 2016 is scheduled to be released on Friday, September 16, 2016 at 8:30
  23. a.m. (EDT).

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