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Real average hourly earnings up over the month and over the year

March 21, 2014

Real average hourly earnings for all employees rose 0.3 percent from January to February 2014, seasonally adjusted. This stems from a 0.4-percent increase in average hourly earnings partially offset by a 0.1-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). 

 

 

1-month and 12-month percent change in real earnings, January 2008–February 2014
Month1-month12-month

Jan 2008

-0.2-1.2

Feb 2008

0.1-1.1

Mar 2008

0.1-0.9

Apr 2008

-0.2-1.1

May 2008

-0.2-1.1

Jun 2008

-0.8-2.2

Jul 2008

-0.3-2.4

Aug 2008

0.6-1.9

Sep 2008

0.0-1.6

Oct 2008

1.1-0.4

Nov 2008

2.32.4

Dec 2008

1.23.7

Jan 2009

-0.23.7

Feb 2009

-0.13.5

Mar 2009

0.23.6

Apr 2009

0.03.8

May 2009

-0.13.9

Jun 2009

-0.74.0

Jul 2009

0.24.6

Aug 2009

0.03.9

Sep 2009

-0.23.7

Oct 2009

0.02.6

Nov 2009

-0.10.2

Dec 2009

0.0-1.0

Jan 2010

0.1-0.7

Feb 2010

0.2-0.4

Mar 2010

0.1-0.5

Apr 2010

0.1-0.4

May 2010

0.2-0.1

Jun 2010

0.00.6

Jul 2010

0.10.5

Aug 2010

0.00.5

Sep 2010

0.10.8

Oct 2010

-0.10.7

Nov 2010

-0.20.6

Dec 2010

-0.30.3

Jan 2011

0.10.3

Feb 2011

-0.3-0.2

Mar 2011

-0.5-0.8

Apr 2011

-0.3-1.2

May 2011

0.0-1.4

Jun 2011

0.0-1.4

Jul 2011

0.2-1.3

Aug 2011

-0.4-1.6

Sep 2011

-0.1-1.8

Oct 2011

0.4-1.3

Nov 2011

-0.3-1.4

Dec 2011

0.1-1.1

Jan 2012

-0.1-1.3

Feb 2012

0.0-1.0

Mar 2012

0.1-0.4

Apr 2012

-0.1-0.2

May 2012

0.20.0

Jun 2012

0.30.3

Jul 2012

0.20.3

Aug 2012

-0.60.1

Sep 2012

-0.20.0

Oct 2012

-0.3-0.7

Nov 2012

0.60.2

Dec 2012

0.30.4

Jan 2013

0.10.6

Feb 2013

-0.40.2

Mar 2013

0.30.4

Apr 2013

0.40.9

May 2013

-0.10.6

Jun 2013

0.10.4

Jul 2013

-0.20.0

Aug 2013

0.10.7

Sep 2013

0.00.9

Oct 2013

0.11.3

Nov 2013

0.20.9

Dec 2013

-0.20.4

Jan 2014(p)

0.10.4

Feb 2014(p)

0.31.1
Footnotes:

 

(p) Preliminary.

 

 

Over the month, real average weekly earnings were unchanged in February 2014. A 0.3-percent increase in real average hourly earnings was offset by a 0.3-percent decrease in the average workweek.

From February 2013 to February 2014, real average hourly earnings rose 1.1 percent, seasonally adjusted. This increase in real average hourly earnings, combined with a 0.9-percent decline in the average workweek, resulted in a 0.2-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. To learn more, see “Real Earnings — February 2014” (HTML) (PDF), news release USDL‑14‑0432. 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 up over the month and over the year on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140321.htm (visited October 20, 2014).

OF INTEREST

Three recent editions of Spotlight on Statistics

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