Tag: average_hourly_earnings
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Real Earnings Decline in May as Inflation Outpaces Wage Growth
Real average hourly earnings for all employees decreased 0.1% in May, as average hourly earnings rose 0.3% but were outpaced by a 0.5% increase in the CPI-U, leading to a 0.2% drop in real average weekly earnings.
BusinessPolitics and GovernmentEconomyEmployment and LaborFederal Government Bureau of Labor StatisticsReal EarningsAverage Hourly EarningsCPI-UInflationMayEconomics