July 2016 Real Earnings — 2016-08-16

Real average hourly earnings for all employees increased 0.4 percent from June to July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.3-percent increase in average hourly earnings combined with essentially no change in the Consumer Price Index for All Urban Consumers (CPI-U). Real average weekly earnings increased 0.6 percent over the month due to the increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek. Real average hourly earnings increased 1.7 percent, seasonally adjusted, from July 2015 to July 2016. This increase in real average hourly earnings combined with a 0.3-percent decrease in the average workweek resulted in a 1.4-percent increase in real average weekly earnings over this period. Real average hourly earnings for production and nonsupervisory employees increased 0.3 percent from June to July, seasonally adjusted.