The headline originally said that real average hourly earnings increased 0.3 percent over the year ended May 2017. It has been corrected to say 0.6 percent.
Real average hourly earnings increased 0.6 percent over the year ended May 2017
June 19, 2017
Average hourly earnings for all employees increased 2.5 percent, and average weekly earnings were up 2.5 percent over the year ended May 2017. The Consumer Price Index for All Urban Consumers, which is used to adjust earnings estimates for inflation, increased 1.9 percent over the year. After adjusting for inflation, real average hourly earnings increased 0.6 percent from May 2016 to May 2017. This increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 0.6-percent increase in real average weekly earnings over this period.
|Measure||All employees||Production and nonsupervisory workers|
Average weekly hours
Average hourly earnings
Real average hourly earnings
Average weekly earnings
Real average weekly earnings
For production and nonsupervisory workers, average hourly earnings increased 2.4 percent and average weekly earnings were up 2.4 percent from May 2016 to May 2017. After adjusting for inflation as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers, real average hourly earnings for these workers increased 0.7 percent over the same period. The increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 0.6-percent increase in real average weekly earnings over this period.
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 — May 2017" (HTML) (PDF). Data from the Consumer Price Index are used to adjust earnings for inflation.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average hourly earnings increased 0.6 percent over the year ended May 2017 on the Internet at https://www.bls.gov/opub/ted/2017/real-average-hourly-earnings-increased-0-point-3-percent-over-the-year-ended-may-2017.htm (visited July 16, 2020).
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