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Real average hourly earnings rise 0.4 percent over the year; real weekly earnings up 0.9 percent

November 24, 2014

Real average hourly earnings for all employees on private nonfarm payrolls increased 0.4 percent, seasonally adjusted, from October 2013 to October 2014. This increase, combined with a 0.6-percent increase in the average workweek, resulted in a 0.9-percent increase in real average weekly earnings from October 2013 to October 2014.

 

 

Over-year-percentage change in real average hourly and weekly earnings for all employees and production and nonsupervisory employees on private nonfarm payrolls, seasonally adjusted
Month All employees, average hourly earnings All employees, average weekly earnings Production and nonsupervisory employees, average hourly earnings Production and nonsupervisory employees, average weekly earnings

Oct 2007

 -0.3 -0.3 0.0 -0.4

Nov 2007

 -1.0 -1.0 -0.8 -0.8

Dec 2007

 -1.0 -1.2 -0.5 -0.8

Jan 2008

 -1.2 -0.9 -0.7 -1.1

Feb 2008

 -1.1 -0.8 -0.8 -0.8

Mar 2008

 -0.9 -0.6 -0.5 -0.7

Apr 2008

 -1.1 -1.3 -0.5 -1.1

May 2008

 -1.1 -1.0 -0.6 -0.9

Jun 2008

 -2.2 -2.4 -1.7 -2.3

Jul 2008

 -2.4 -2.6 -2.2 -2.8

Aug 2008

 -1.9 -2.2 -1.9 -2.2

Sep 2008

 -1.6 -2.2 -1.6 -2.3

Oct 2008

 -0.4 -0.7 0.0 -0.9

Nov 2008

 2.4 1.9 3.2 1.9

Dec 2008

 3.7 2.2 4.4 2.9

Jan 2009

 3.7 2.2 4.4 3.2

Feb 2009

 3.5 2.0 4.2 2.7

Mar 2009

 3.6 1.0 4.7 2.4

Apr 2009

 3.8 1.7 4.6 2.6

May 2009

 3.9 1.5 4.7 2.8

Jun 2009

 4.0 1.9 4.7 2.6

Jul 2009

 4.6 2.5 5.4 3.8

Aug 2009

 3.9 1.9 4.6 2.8

Sep 2009

 3.7 1.9 4.6 3.0

Oct 2009

 2.6 0.8 3.0 1.4

Nov 2009

 0.2 -1.0 0.3 -0.3

Dec 2009

 -1.0 -1.5 -1.0 -1.3

Jan 2010

 -0.7 -0.9 -0.8 -0.7

Feb 2010

 -0.4 -0.9 -0.3 -0.6

Mar 2010

 -0.5 0.1 -0.7 -0.1

Apr 2010

 -0.4 0.5 -0.4 0.5

May 2010

 -0.1 1.1 0.0 1.0

Jun 2010

 0.6 1.5 1.0 2.2

Jul 2010

 0.5 1.7 0.8 1.7

Aug 2010

 0.5 1.7 1.0 2.2

Sep 2010

 0.8 2.2 0.8 2.1

Oct 2010

 0.7 2.2 1.0 2.6

Nov 2010

 0.6 1.5 0.8 1.8

Dec 2010

 0.3 1.5 0.3 1.2

Jan 2011

 0.3 0.9 0.3 0.7

Feb 2011

 -0.2 0.9 -0.2 1.0

Mar 2011

 -0.8 0.1 -0.9 0.1

Apr 2011

 -1.2 -0.3 -1.3 -0.8

May 2011

 -1.4 -0.8 -1.8 -1.3

Jun 2011

 -1.4 -0.8 -1.9 -1.3

Jul 2011

 -1.3 -0.7 -1.8 -0.9

Aug 2011

 -1.6 -1.4 -2.2 -1.8

Sep 2011

 -1.8 -1.5 -2.2 -2.0

Oct 2011

 -1.3 -1.1 -2.1 -1.5

Nov 2011

 -1.4 -0.8 -1.9 -1.4

Dec 2011

 -1.1 -0.7 -1.4 -0.8

Jan 2012

 -1.3 -0.4 -1.7 -0.6

Feb 2012

 -1.0 -0.3 -1.5 -1.0

Mar 2012

 -0.4 -0.1 -1.0 -0.7

Apr 2012

 -0.2 0.1 -0.6 -0.3

May 2012

 0.0 0.0 -0.3 -0.3

Jun 2012

 0.3 0.5 -0.1 0.2

Jul 2012

 0.3 0.3 0.0 0.1

Aug 2012

 0.1 0.5 -0.2 -0.3

Sep 2012

 0.0 0.3 -0.6 -0.6

Oct 2012

 -0.7 -0.7 -0.9 -1.2

Nov 2012

 0.2 0.1 -0.2 -0.3

Dec 2012

 0.4 0.3 -0.1 -0.1

Jan 2013

 0.6 0.2 0.3 -0.2

Feb 2013

 0.2 0.1 0.1 0.4

Mar 2013

 0.4 0.7 0.6 0.9

Apr 2013

 0.9 0.6 0.8 0.8

May 2013

 0.6 0.9 0.6 0.9

Jun 2013

 0.4 0.7 0.3 0.3

Jul 2013

 0.0 0.0 0.0 -0.6

Aug 2013

 0.7 1.0 0.7 1.0

Sep 2013

 0.9 0.9 1.2 1.2

Oct 2013

 1.3 1.3 1.5 1.5

Nov 2013

 0.9 1.2 1.1 1.1

Dec 2013

 0.4 0.1 0.8 0.2

Jan 2014

 0.4 0.4 0.7 0.6

Feb 2014

 1.0 0.4 1.5 0.3

Mar 2014

 0.6 0.6 0.9 0.5

Apr 2014

 0.0 0.3 0.3 0.3

May 2014

 -0.1 -0.1 0.3 0.3

Jun 2014

 -0.1 -0.1 0.2 0.2

Jul 2014

 0.0 0.3 0.3 0.9

Aug 2014

 0.5 0.4 0.8 1.2

Sep 2014 (p)

 0.4 0.3 0.7 0.9

Oct 2014 (p)

 0.4 0.9 0.7 1.3
Footnotes:

(p) = preliminary

For production and nonsupervisory employees, real average hourly earnings increased 0.7 percent, seasonally adjusted, from October 2013 to October 2014. The increase in real average hourly earnings, combined with a 0.6-percent increase in the average workweek, resulted in a 1.3-percent increase in real average weekly earnings over this period.

These data are from the Current Employment Statistics program. For more information, see "Real Earnings — October 2014" (HTML) (PDF), news release USDL‑14‑2107. The Consumer Price Index for All Urban Consumers is used to adjust earnings for all employees for inflation. The Consumer Price Index for Urban Wage Earnings and Clerical Workers is used to adjust earnings for production and nonsupervisory employees for inflation. Both price indexes are from the Consumer Price Index program.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average hourly earnings rise 0.4 percent over the year; real weekly earnings up 0.9 percent at https://www.bls.gov/opub/ted/2014/ted_20141124.htm (visited November 10, 2024).

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