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mahatmakanejeeves

(57,567 posts)
Fri Jul 17, 2015, 11:16 AM Jul 2015

Real average hourly earnings decrease 0.4 percent in June

Source: U.S. Bureau of Labor Statistics

Economic News Release

Current Employment Statistics - Real Earnings
USDL-15-1353

Transmission of material in this release is embargoed until 8:30 a.m. (EDT), Friday, July 17, 2015

Technical Information: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces
Media Contact: (202) 691-5902 * PressOffice@bls.gov

REAL EARNINGS * JUNE 2015

All employees

Real average hourly earnings for all employees decreased 0.4 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from no change in average hourly earnings being combined with a 0.3-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased 0.3 percent over the month due to the decrease in real average hourly earnings and no change in the average workweek.

Real average hourly earnings increased 1.7 percent, seasonally adjusted, from June 2014 to June 2015. This increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 1.8-percent increase in real average weekly earnings over this period.

Production and nonsupervisory employees

Real average hourly earnings for production and nonsupervisory employees decreased 0.3 percent from May to June, seasonally adjusted. This result stems from a 0.1-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 decreased 0.2 percent over the month due to the decrease in real average hourly earnings and no change in the average workweek.

Real average hourly earnings increased 2.2 percent, seasonally adjusted, from June 2014 to June 2015. The increase in real average hourly earnings, combined with a 0.3-percent decrease in the average workweek, resulted in a 2.0-percent increase in real average weekly earnings over this period.
______________
Real Earnings for July 2015 is scheduled to be released on Wednesday, August 19, 2015 at 8:30 a.m. (EDT).

Read more: http://www.bls.gov/news.release/realer.nr0.htm

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Real average hourly earnings decrease 0.4 percent in June (Original Post) mahatmakanejeeves Jul 2015 OP
Chill MannyGoldstein Jul 2015 #1
Trend versus snapshot, most folks get the difference. Fred Sanders Jul 2015 #2
To TPTB, this is a feature, not a bug n/t Populist_Prole Jul 2015 #3

Fred Sanders

(23,946 posts)
2. Trend versus snapshot, most folks get the difference.
Fri Jul 17, 2015, 12:39 PM
Jul 2015

Real average hourly earnings increased 1.7 percent, seasonally adjusted, from June 2014 to June 2015. This increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 1.8-percent increase in real average weekly earnings over this period.

Not to mention there are 12 million new workers since the Great Recession...cherries were meant for picking, grant you that.

Here is the trend:

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