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Real average hourly earnings rise 0.4 percent over the year

February 25, 2014

Real average hourly earnings for all employees on nonfarm payrolls rose 0.4 percent, from January 2013 to January 2014. This increase stems from a 1.9‑percent increase in average hourly earnings being partially offset by a 1.6‑percent increase in the Consumer Price Index for All Urban Consumers.

12-month percent change in real average hourly and weekly earnings and average weekly hours of all employees on private nonfarm payrolls, seasonally adjusted, November 2007–January 2014
MonthReal average weekly earnings(1)Real average hourly earnings(1)Average weekly hours(2)

Nov 2007

-1.0-1.00.0

Dec 2007

-1.2-1.0-0.3

Jan 2008

-0.9-1.20.3

Feb 2008

-0.8-1.10.3

Mar 2008

-0.6-0.90.3

Apr 2008

-1.3-1.1-0.3

May 2008

-1.0-1.10.0

Jun 2008

-2.4-2.2-0.3

Jul 2008

-2.6-2.4-0.3

Aug 2008

-2.2-1.9-0.3

Sep 2008

-2.2-1.6-0.6

Oct 2008

-0.7-0.4-0.3

Nov 2008

1.92.4-0.6

Dec 2008

2.23.7-1.4

Jan 2009

2.23.7-1.4

Feb 2009

2.03.5-1.4

Mar 2009

1.03.6-2.6

Apr 2009

1.73.8-2.0

May 2009

1.53.9-2.3

Jun 2009

1.94.0-2.0

Jul 2009

2.54.6-2.0

Aug 2009

1.93.9-2.0

Sep 2009

1.93.7-1.7

Oct 2009

0.82.6-1.7

Nov 2009

-1.00.2-1.2

Dec 2009

-1.5-1.0-0.6

Jan 2010

-0.9-0.7-0.3

Feb 2010

-0.9-0.4-0.6

Mar 2010

0.1-0.50.6

Apr 2010

0.5-0.40.9

May 2010

1.1-0.11.2

Jun 2010

1.50.60.9

Jul 2010

1.70.51.2

Aug 2010

1.70.51.2

Sep 2010

2.20.81.5

Oct 2010

2.20.71.5

Nov 2010

1.50.60.9

Dec 2010

1.50.31.2

Jan 2011

0.90.30.6

Feb 2011

0.9-0.21.2

Mar 2011

0.1-0.80.9

Apr 2011

-0.3-1.20.9

May 2011

-0.8-1.40.6

Jun 2011

-0.8-1.40.6

Jul 2011

-0.7-1.30.6

Aug 2011

-1.4-1.60.3

Sep 2011

-1.5-1.80.3

Oct 2011

-1.1-1.30.3

Nov 2011

-0.8-1.40.6

Dec 2011

-0.7-1.10.3

Jan 2012

-0.4-1.30.9

Feb 2012

-0.3-1.00.6

Mar 2012

-0.1-0.40.3

Apr 2012

0.1-0.20.3

May 2012

0.00.00.0

Jun 2012

0.50.30.3

Jul 2012

0.30.30.0

Aug 2012

0.50.10.3

Sep 2012

0.30.00.3

Oct 2012

-0.7-0.70.0

Nov 2012

0.10.20.0

Dec 2012

0.30.40.0

Jan 2013

0.20.6-0.3

Feb 2013

0.10.20.0

Mar 2013

0.70.40.3

Apr 2013

0.60.9-0.3

May 2013

0.90.60.3

Jun 2013

0.70.40.3

Jul 2013

0.00.00.0

Aug 2013

1.00.70.3

Sep 2013

0.90.90.0

Oct 2013

1.31.30.0

Nov 2013

1.20.90.3

Dec 2013(p)

0.40.40.0

Jan 2014(p)

0.40.40.0

Footnotes:
(1) The seasonally adjusted constant dollar series have been revised to reflect new seasonal adjustment factors calculated for the Consumer Price Index for All Urban Consumers (CPI_U). This revision affects real earnings for all employees from January 2009 through December 2013.
(2) The estimate of average weekly hours was revised with the release of January data on February 7, 2014, to reflect new employment benchmarks and the updating of seasonal adjustment factors for the establishment survey data. Seasonally adjusted hours and earnings series were revised from January 2009 forward in accordance with the usual practice of revising 5 years of data. In addition, historical reconstructions of some series extended back to 1979.
(p) preliminary.
 

 

From January 2013 to January 2014, the increase in real average hourly earnings, combined with an unchanged average workweek, resulted in a 0.4-percent increase in real average weekly earnings over this period.

These hours and earnings data are from the Current Employment Statistics program. Data for the most recent two months are preliminary. The seasonally adjusted constant dollar series have been revised to reflect new seasonal adjustment factors calculated for the Consumer Price Index for All Urban Consumers (CPI-U). This revision affects real earnings for all employees from January 2009 through December 2013. The estimate of average weekly hours was revised with the release of January data on February 7, 2014, to reflect new employment benchmarks and the updating of seasonal adjustment factors for the establishment survey data. Seasonally adjusted hours and earnings series were revised from January 2009 forward in accordance with the usual practice of revising 5 years of data. In addition, historical reconstructions of some series extended back to 1979. To learn more, see “Real Earnings — January 2014” (HTML) (PDF), news release USDL‑14‑0254. The CPI-U from the Consumer Price Indexes program is used to deflate the all employees data.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average hourly earnings rise 0.4 percent over the year on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140225.htm (visited October 01, 2014).

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