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Real average hourly earnings up 0.4 percent and real average weekly earnings up 0.7 percent in 2017

January 19, 2018

Real average hourly earnings for all employees increased 0.4 percent From December 2016 to December 2017. The increase in real average hourly earnings and a 0.3-percent increase in the average workweek resulted in a 0.7-percent gain in real average weekly earnings over the year.

 

 

December 12-month percent change in real average hourly and weekly earnings of all employees
Year Average hourly earnings Average weekly earnings

2007

-1.1 -1.4

2008

3.6 2.1

2009

-0.9 -0.8

2010

0.3 1.5

2011

-1.0 -0.7

2012

0.4 0.6

2013

0.5 -0.1

2014

1.2 2.1

2015

1.8 1.6

2016

0.8 0.5

2017(p)

0.4 0.7

(p) = preliminary

From December 2015 to December 2016, real average hourly earnings for all employees rose 0.8 percent. The 0.4-percent gain in real average hourly earnings in 2017 was the smallest December-to-December increase since a 0.4-percent gain from December 2011 to December 2012.

These data are from the Current Employment Statistics survey and are seasonally adjusted. Earnings for December 2017 are preliminary. The Consumer Price Index for All Urban Consumers (CPI-U) is used to adjust the earnings for inflation. For more information, see "Real Earnings — December 2017" (HTML) (PDF).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average hourly earnings up 0.4 percent and real average weekly earnings up 0.7 percent in 2017 at https://www.bls.gov/opub/ted/2018/real-average-hourly-earnings-up-0-4-percent-and-real-average-weekly-earnings-up-0-7-percent-in-2017.htm (visited October 04, 2024).

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