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The Economics Daily

Real average hourly earnings up 0.3 percent for year ending March 2017 


April 21, 2017
Real average hourly earnings for all private nonfarm employees increased 0.3 percent from March 2016 to March 2017. The increase in real average hourly earnings combined with a 0.3-percent decrease in the average workweek resulted in no change in real average weekly earnings over the year. Full Text »
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Monthly Labor Review

Examining price transmission across labor compensation costs, consumer prices, and finished-goods prices  
Jonathan D. Church, Bradley Akin
(PDF)  

 

Beyond the Numbers

How do United States consumer expenditures compare with the United Kingdom and Japan?

In 2014, U.S. consumers spent almost 19 percent of every dollar on transportation, which is 87 percent higher than what Japan spent. U.S. households also spent about 9 percent on out-of-pocket healthcare expenditures, which was 5 times higher than the U.K. Expenditure shares are the percentages of total expenditures allotted to each spending category. Japan’s share of food expenditures was the highest among the other two countries.
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