Real Earnings Summary

Transmission of material in this release is embargoed until	                        USDL- 24-2304
8:30 a.m. (ET) Wednesday, November 13, 2024

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REAL EARNINGS – OCTOBER 2024

All employees

Real average hourly earnings for all employees increased 0.1 percent from September to October, 
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 an increase of 0.2 percent in the 
Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings increased 0.1 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 1.4 percent, seasonally adjusted, from October 2023 to October 
2024. The change in real average hourly earnings combined with no change in the average workweek 
resulted in a 1.4-percent increase in real average weekly earnings over this period.


Production and nonsupervisory employees

Real average hourly earnings for production and nonsupervisory employees increased 0.1 percent from 
September to October, seasonally adjusted. This result stems from a 0.4-percent increase in average 
hourly earnings combined with an increase of 0.2 percent in the Consumer Price Index for Urban Wage 
Earners and Clerical Workers (CPI-W).

Real average weekly earnings decreased 0.1 percent over the month due to the change in real average 
hourly earnings combined with a 0.3-percent decrease in the average workweek.  

From October 2023 to October 2024, real average hourly earnings increased 1.6 percent, seasonally 
adjusted. The change in real average hourly earnings combined with a decrease of 0.3 percent in the 
average workweek resulted in a 1.3-percent increase in real average weekly earnings over this period. 


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