Real average hourly earnings for all employees increase 0.2% in August

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Source: U.S. Bureau of Labor Statistics

Economic News Release USDL-22-1835

Real Earnings Summary
Transmission of material in this release is embargoed until 8:30 a.m. (ET), Tuesday, September 13, 2022

Technical Information: [phone] * [e-mail] * www.bls.gov/ces
Media Contact: [phone] * [e-mail]

REAL EARNINGS * AUGUST 2022

All employees

Real average hourly earnings for all employees increased 0.2 percent from July to August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from an increase of 0.3 percent in average hourly earnings combined with an increase of 0.1 percent in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased 0.1 percent over the month due to the change in real average hourly earnings combined with a 0.3-percent decrease in the average workweek.

Real average hourly earnings decreased 2.8 percent, seasonally adjusted, 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.

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Real Earnings for September 2022 is scheduled to be released on Thursday, October 13, 2022, at 8:30 a.m. (ET).

Read more: https://www.bls.gov/news.release/realer.nr0.htm

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