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Economic News Release
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Real Earnings Summary

Transmission of material in this release is embargoed until	                         USDL- 24-1124
8:30 a.m. (ET) Wednesday, June 12, 2024

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

REAL EARNINGS  MAY 2024

All employees

Real average hourly earnings for all employees increased 0.5 percent from April to May, seasonally 
adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from an increase of 0.4 
percent in average hourly earnings combined with no change in the Consumer Price Index for All Urban 
Consumers (CPI-U).

Real average weekly earnings increased 0.4 percent over the month due to the change in real average 
hourly earnings combined with no change in the average workweek.  

Real average hourly earnings increased 0.8 percent, seasonally adjusted, from May 2023 to May 2024. 
The change in real average hourly earnings combined with a decrease of 0.3 percent in the average 
workweek resulted in a 0.5-percent increase in real average weekly earnings over this period.


Production and nonsupervisory employees

Real average hourly earnings for production and nonsupervisory employees increased 0.5 percent from 
April to May, seasonally adjusted. This result stems from a 0.5-percent increase in average hourly 
earnings combined with a decrease of 0.1 percent in the Consumer Price Index for Urban Wage Earners 
and Clerical Workers (CPI-W).

Real average weekly earnings increased 0.8 percent over the month due to the change in real average 
hourly earnings combined with a 0.3-percent increase in the average workweek.  

From May 2023 to May 2024, real average hourly earnings increased 0.8 percent, seasonally adjusted. 
The change in real average hourly earnings combined with no change in the average workweek resulted 
in a 0.9-percent increase in real average weekly earnings over this period. 


____________
Real Earnings for June 2024 is scheduled to be released on July 11, 2024, at 8:30 a.m. (ET).

	 


Last Modified Date: June 12, 2024