Real average hourly earnings up 0.4 percent over the year ending August 2014

September 19, 2014

Real average hourly earnings for all employees increased by 0.4 percent from August 2013 to August 2014, seasonally adjusted. This increase stems from a 2.1-percent increase in the average hourly earnings and a 1.7-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

12-month percent change in average hourly earnings of all employees, CPI-U, and real average hourly earnings of all employees, January 2012–August 2014
Month Average hourly earnings Consumer Price Index for all Urban Consumers (CPI-U) Real average hourly earnings

Jan 2012

1.7 3.0 -1.3

Feb 2012

1.9 2.9 -1.0

Mar 2012

2.1 2.6 -0.4

Apr 2012

2.0 2.3 -0.2

May 2012

1.8 1.8 0.0

Jun 2012

2.0 1.7 0.3

Jul 2012

1.8 1.4 0.3

Aug 2012

1.9 1.7 0.1

Sep 2012

2.0 1.9 0.0

Oct 2012

1.5 2.2 -0.7

Nov 2012

1.9 1.8 0.2

Dec 2012

2.1 1.8 0.4

Jan 2013

2.2 1.6 0.6

Feb 2013

2.1 2.0 0.2

Mar 2013

1.9 1.5 0.4

Apr 2013

2.0 1.1 0.9

May 2013

2.1 1.4 0.6

Jun 2013

2.2 1.8 0.4

Jul 2013

1.9 2.0 0.0

Aug 2013

2.2 1.5 0.7

Sep 2013

2.0 1.1 0.9

Oct 2013

2.2 0.9 1.3

Nov 2013

2.2 1.2 0.9

Dec 2013

1.9 1.5 0.4

Jan 2014

2.0 1.6 0.4

Feb 2014

2.1 1.1 1.0

Mar 2014

2.1 1.5 0.6

Apr 2014

2.0 2.0 0.0

May 2014

2.1 2.1 -0.1

Jun 2014

2.0 2.1 -0.1

Jul 2014(p)

2.1 2.0 0.1

Aug 2014(p)

2.1 1.7 0.4
Footnotes:

(p) Preliminary

For most of the past 2 years, the change in average hourly earnings has been larger than the change in the consumer price index, resulting in positive changes in real average hourly earnings.

These data are from the Current Employment Statistics and Consumer Price Index programs. Earnings data for the most recent 2 months are preliminary. To learn more, see "Real Earnings — August 2014" (HTML) (PDF), news release USDL-14-1712. The Consumer Price Index for All Urban Consumers is used to adjust the earnings estimates for inflation.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average hourly earnings up 0.4 percent over the year ending August 2014 on the Internet at https://www.bls.gov/opub/ted/2014/ted_20140919.htm (visited January 17, 2018).

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