Tag: real_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
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US Real Earnings Decline 0.5% in April
US real average hourly earnings fell 0.5% in April, as reported by the Bureau of Labor Statistics. Despite a 0.2% rise in hourly earnings, a 0.6% increase in the CPI-U led to this decline, with real weekly earnings also down…
BusinessPolitics and GovernmentEconomyEmployment and LaborFederal Government Bureau of Labor StatisticsReal EarningsHourly EarningsWeekly EarningsCPI-ULabor