Real Earnings Unchanged In June 2014

Real average hourly earnings for all employees was unchanged from May to June, seasonally adjusted.

Real average hourly earnings for all employees was unchanged from May to June, seasonally adjusted. This result stems from a 0.2 percent increase in the average hourly earnings being offset by a 0.3 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

 

Real average weekly earnings was unchanged over the month due to both real average hourly earnings and the average workweek being unchanged.

Real average hourly earnings declined 0.1 percent, seasonally adjusted, from June 2013 to June 2014. The decrease in real average hourly earnings, combined with an unchanged average workweek, resulted in a 0.1 percent decline in real average weekly earnings over this period.

Production and nonsupervisory employees

Real average hourly earnings for production and nonsupervisory employees declined 0.1 percent from May to June, seasonally adjusted. This result stems from a 0.2 percent increase in average hourly earnings being more than offset by a 0.3 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

Real average weekly earnings declined 0.1 over the month due to the decrease in real average hourly earnings combined with an unchanged average workweek.

Real average hourly earnings rose 0.2 percent, seasonally adjusted, from June 2013 to June 2014. The increase in real average hourly earnings, combined with an unchanged average workweek, resulted in a 0.2 percent increase in real average weekly earnings over this period.

 

Table A-1. Current and real (constant 1982-1984 dollars) earnings for all employees on private nonfarm payrolls, seasonally adjusted
  June
2013
Apr.
2014
May
2014(p)
June
2014(p)

Real average hourly earnings(1)

$10.30 $10.30 $10.29 $10.29

Real average weekly earnings(1)

$355.28 $355.29 $354.92 $354.88

Consumer Price Index for All Urban Consumers

232.860 236.254 237.083 237.693

Average hourly earnings

$23.98 $24.33 $24.39 $24.45

Average weekly hours

34.5 34.5 34.5 34.5

Average weekly earnings

$827.31 $839.39 $841.46 $843.53
 

OVER-THE-MONTH PERCENT CHANGE

 

Real average hourly earnings(1)

0.1 -0.2 -0.1 0.0

Real average weekly earnings(1)

0.1 -0.2 -0.1 0.0

Consumer Price Index for All Urban Consumers

0.3 0.3 0.4 0.3

Average hourly earnings

0.4 0.0 0.2 0.2

Average weekly hours

0.0 0.0 0.0 0.0

Average weekly earnings

0.4 0.0 0.2 0.2
 

OVER-THE-YEAR PERCENT CHANGE

 

Real average hourly earnings(1)

0.4 0.0 0.0 -0.1

Real average weekly earnings(1)

0.7 0.3 0.0 -0.1

Consumer Price Index for All Urban Consumers

1.8 2.0 2.1 2.1

Average hourly earnings

2.2 2.0 2.1 2.0

Average weekly hours

0.3 0.3 0.0 0.0

Average weekly earnings

2.5 2.3 2.1 2.0

Footnotes
The Consumer Price Index for All Urban Consumers (CPI-U) is used to deflate the earnings series for all employees.
Preliminary

 

Table A-2. Current and real (constant 1982-1984 dollars) earnings for production and nonsupervisory employees on private nonfarm payrolls, seasonally adjusted(1)
  June
2013
Apr.
2014
May
2014(p)
June
2014(p)

Real average hourly earnings(2)

$8.78 $8.82 $8.81 $8.80

Real average weekly earnings(2)

$295.75 $297.21 $296.78 $296.46

Consumer Price Index for Urban Wage Earners and Clerical Workers

229.262 232.447 233.236 233.941

Average hourly earnings

$20.12 $20.50 $20.54 $20.58

Average weekly hours

33.7 33.7 33.7 33.7

Average weekly earnings

$678.04 $690.85 $692.20 $693.55
 

OVER-THE-MONTH PERCENT CHANGE

 

Real average hourly earnings(2)

0.0 -0.2 -0.1 -0.1

Real average weekly earnings(2)

-0.1 -0.2 -0.1 -0.1

Consumer Price Index for Urban Wage Earners and Clerical Workers

0.4 0.3 0.3 0.3

Average hourly earnings

0.3 0.1 0.2 0.2

Average weekly hours

0.0 0.0 0.0 0.0

Average weekly earnings

0.3 0.1 0.2 0.2
 

OVER-THE-YEAR PERCENT CHANGE

 

Real average hourly earnings(2)

0.3 0.3 0.3 0.2

Real average weekly earnings(2)

0.3 0.3 0.3 0.2

Consumer Price Index for Urban Wage Earners and Clerical Workers

1.8 2.0 2.1 2.0

Average hourly earnings

2.0 2.3 2.4 2.3

Average weekly hours

0.0 0.0 0.0 0.0

Average weekly earnings

2.0 2.3 2.4 2.3

Footnotes
Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. These groups account for approximately four-fifths of the total employment on private nonfarm payrolls.
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is used to deflate the earnings series for production and nonsupervisory employees.
Preliminary

 

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