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Real average hourly earnings down 2.8 percent from August 2021 to August 2022

September 19, 2022

Real average hourly earnings for all employees on private nonfarm payrolls decreased 2.8 percent from August 2021 to August 2022. The change in real average hourly earnings combined with a decrease of 0.6 percent in the average workweek resulted in a 3.4-percent decrease in real average weekly earnings over this period.

12-month percent changes in real average hourly and weekly earnings and average weekly hours, private sector employees, August 2021 to August 2022
Month All employees Production and nonsupervisory employees
Real hourly earnings Average weekly hours Real weekly earnings Real hourly earnings Average weekly hours Real weekly earnings

Aug 2021

-0.9% 0.0% -0.8% -0.6% 0.0% -0.5%

Sep 2021

-0.5 0.0 -0.6 -0.1 0.3 0.2

Oct 2021

-0.8 -0.3 -1.1 -0.5 -0.3 -0.8

Nov 2021

-1.4 0.0 -1.4 -1.0 -0.3 -1.3

Dec 2021

-2.1 0.3 -1.8 -1.5 -0.3 -1.9

Jan 2022

-1.9 -1.1 -3.1 -1.5 -1.2 -2.6

Feb 2022

-2.5 0.3 -2.2 -1.8 0.3 -1.5

Mar 2022

-2.6 -0.9 -3.5 -2.4 -0.9 -3.3

Apr 2022

-2.5 -0.9 -3.4 -2.0 -0.9 -2.9

May 2022

-2.9 -0.9 -3.8 -2.5 -0.9 -3.4

Jun 2022

-3.5 -0.9 -4.3 -3.1 -0.9 -3.9

Jul 2022

-3.0 -0.6 -3.6 -2.6 -0.9 -3.4

Aug 2022

-2.8 -0.6 -3.4 -2.4 -0.9 -3.2

For production and nonsupervisory employees, real average hourly earnings decreased 2.4 percent from August 2021 to August 2022. The change in real average hourly earnings combined with a 0.9-percent decrease in the average workweek resulted in a 3.2-percent decrease in real average weekly earnings over this period.

These data are from the Current Employment Statistics survey and are seasonally adjusted. Earnings for the most recent 2 months are preliminary. For more information, see "Real Earnings — August 2022." The Consumer Price Index is used to adjust earnings for inflation.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average hourly earnings down 2.8 percent from August 2021 to August 2022 at https://www.bls.gov/opub/ted/2022/real-average-hourly-earnings-down-2-8-percent-from-august-2021-to-august-2022.htm (visited October 06, 2022).

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