Real average weekly earnings up 1.2 percent over year ending June 2016

July 20, 2016

Real (adjusted for inflation) average hourly earnings for all employees increased 1.5 percent from June 2015 to June 2016, while real average weekly earnings increased 1.2 percent over the same period. Over the past 5 years, the average 12-month change in real average hourly earnings was 0.6 percent and the average 12-month change in real average weekly earnings was 0.7 percent.

Over-the-year percentage change in real average hourly and weekly earnings of employees on private nonfarm payrolls, June 2016
Measure 12-month change, June 2016 Average 12-month change for
5 years ending June 2016

Average hourly earnings

2.6% 2.1%

Average weekly hours

-0.3 0.1

Average weekly earnings

2.3 2.2

Consumer Price Index for All Urban Consumers

1.1 1.5

Real average hourly earnings

1.5 0.6

Real average weekly earnings

1.2 0.7

The 1.5-percent increase in real average hourly earnings was due to a 2.6-percent increase in average hourly earnings being offset by a 1.1-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

The 1.2-percent increase in real average weekly earnings over the 12 months ending June 2016 was due to the increase in real average hourly earnings and a 0.3-percent decrease in the number of hours in the average workweek.

These data are from the Current Employment Statistics program and are seasonally adjusted. Data for the most recent 2 months are preliminary. For more information, see "Real Earnings — June 2016" (HTML) (PDF). Data from the Consumer Price Index are used as deflators to adjust earnings for inflation.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average weekly earnings up 1.2 percent over year ending June 2016 on the Internet at https://www.bls.gov/opub/ted/2016/real-average-weekly-earnings-up-1-point-2-percent-over-year-ending-june-2016.htm (visited June 18, 2018).

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