BLS U S Bureau of Labor Statistics : Real Earnings

Transmission of material in this release is embargoed until USDL-17-0059 8:30 a.m. (EST), Wednesday, January 18, 2017

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REAL EARNINGS -DECEMBER 2016 All employees

Real average hourly earnings for all employees increased 0.1 percent from November to December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.4- percent increase in average hourly earnings combined with a 0.3-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings increased 0.1 percent over the month due to the increase in real average hourly earnings combined with no change in the average workweek.

Chart 1: Over-the-month percentage change in real average hourly earnings for all employees, seasonally adjusted, December 2015 - December 2016 Percent Change

1.0

0.1

0.0

0.5

0.2 0.2

-0.1

0.0

-0.1

0.4

-0.1

0.0

0.1

-0.3

0.1

-1.0

Dec '15 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec '16

Real average hourly earnings increased 0.8 percent, seasonally adjusted, from December 2015 to December 2016. This increase in real average hourly earnings combined with a 0.6-percent decrease in the average workweek resulted in a 0.2-percent increase in real average weekly earnings over this period.

Production and nonsupervisory employees

Real average hourly earnings for production and nonsupervisory employees were unchanged from November to December, seasonally adjusted. This result stems from a 0.3-percent increase in average hourly earnings being offset by a 0.3-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

Real average weekly earnings were unchanged over the month, due to no change in both real average hourly earnings and average weekly hours.

Chart 2: Over-the-month percentage change in real average hourly earnings for production and nonsupervisory employees, seasonally adjusted, December 2015 - December 2016 Percent Change

1.0

0.3

0.0

0.4

0.3

0.1

-0.1 -0.1

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0.4

-0.1 -0.1 -0.1

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-1.0

Dec '15 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec '16

From December 2015 to December 2016, real average hourly earnings increased 0.5 percent, seasonally adjusted. The increase in real average hourly earnings combined with a 0.6-percent decrease in the average workweek resulted in a 0.1-percent decrease in real average weekly earnings over this period.

Real Earnings for January 2017 is scheduled to be released on Wednesday, February 15, 2017 at 8:30 a.m. (EST).

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Table A-1. Current and real (constant 1982-1984 dollars) earnings for all employees on private nonfarm payrolls, seasonally adjusted

Dec. 2015	Oct. 2016	Nov. 2016p	Dec. 2016p
Real average hourly earnings1......................................................... .	$10.61	$10.72	$10.69	$10.70
Real average weekly earnings1........................................................ .	$366.10	$368.66	$366.57	$366.95
Consumer Price Index for All Urban Consumers.................................... .	238.041	241.863	242.348	243.032
Average hourly earnings................................................................ .	$25.26	$25.92	$25.90	$26.00
Average weekly hours................................................................... .	34.5	34.4	34.3	34.3
Average weekly earnings............................................................... .	$871.47	$891.65	$888.37	$891.80
OVER-THE-MONTH PERCENT CHANGE
Real average hourly earnings1......................................................... .	0.1	0.1	-0.3	0.1
Real average weekly earnings1........................................................ .	0.1	0.1	-0.6	0.1
Consumer Price Index for All Urban Consumers.................................... .	-0.1	0.4	0.2	0.3
Average hourly earnings................................................................ .	0.0	0.4	-0.1	0.4
Average weekly hours................................................................... .	0.0	0.0	-0.3	0.0
Average weekly earnings............................................................... .	0.0	0.4	-0.4	0.4
OVER-THE-YEAR PERCENT CHANGE
Real average hourly earnings1......................................................... .	1.9	1.2	0.8	0.8
Real average weekly earnings1........................................................ .	1.7	0.9	0.2	0.2
Consumer Price Index for All Urban Consumers.................................... .	0.7	1.6	1.7	2.1
Average hourly earnings................................................................ .	2.6	2.8	2.5	2.9
Average weekly hours................................................................... .	-0.3	-0.3	-0.6	-0.6
Average weekly earnings............................................................... .	2.3	2.5	1.9	2.3

1 The Consumer Price Index for All Urban Consumers (CPI-U) is used to deflate the earnings series for all employees. p Preliminary

Table A-2. Current and real (constant 1982-1984 dollars) earnings for production and nonsupervisory employees on private nonfarm payrolls, seasonally adjusted1

Dec. 2015	Oct. 2016	Nov. 2016p	Dec. 2016p
Real average hourly earnings2......................................................... .	$9.14	$9.21	$9.19	$9.19
Real average weekly earnings2........................................................ .	$309.05	$309.31	$308.82	$308.82
Consumer Price Index for Urban Wage Earners and Clerical Workers. . . . . . . . . . .	232.513	235.939	236.423	237.183
Average hourly earnings................................................................ .	$21.26	$21.72	$21.73	$21.80
Average weekly hours................................................................... .	33.8	33.6	33.6	33.6
Average weekly earnings............................................................... .	$718.59	$729.79	$730.13	$732.48
OVER-THE-MONTH PERCENT CHANGE
Real average hourly earnings2......................................................... .	0.3	-0.1	-0.2	0.0
Real average weekly earnings2........................................................ .	0.6	-0.2	-0.2	0.0
Consumer Price Index for Urban Wage Earners and Clerical Workers. . . . . . . . . . .	-0.2	0.4	0.2	0.3
Average hourly earnings................................................................ .	0.1	0.2	0.0	0.3
Average weekly hours................................................................... .	0.3	0.0	0.0	0.0
Average weekly earnings............................................................... .	0.4	0.2	0.0	0.3
OVER-THE-YEAR PERCENT CHANGE
Real average hourly earnings2......................................................... .	2.2	1.0	0.9	0.5
Real average weekly earnings2........................................................ .	2.2	0.6	0.5	-0.1
Consumer Price Index for Urban Wage Earners and Clerical Workers. . . . . . . . . . .	0.3	1.4	1.5	2.0
Average hourly earnings................................................................ .	2.6	2.4	2.4	2.5
Average weekly hours................................................................... .	0.0	-0.3	-0.3	-0.6
Average weekly earnings............................................................... .	2.6	2.1	2.1	1.9

1 Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries. These groups account for approximately four-fifths of the total employment on private nonfarm payrolls.

2 The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is used to deflate the earnings series for production and nonsupervisory employees.

p Preliminary