Friday, January 16, 2015

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[IWS] BLS: REAL EARNINGS * DECEMBER 2014 [16 January 2015]

IWS Documented News Service

_______________________________

Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

REAL EARNINGS * DECEMBER 2014 [16 January 2015]

http://www.bls.gov/news.release/realer.nr0.htm

or

http://www.bls.gov/news.release/pdf/realer.pdf

[full-text, 5 pages]

 

 

All employees

 

Real average hourly earnings for all employees rose 0.1 percent from November to December, seasonally

adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.2 percent

decrease in average hourly earnings combined with a 0.4 percent decrease in the Consumer Price Index

for All Urban Consumers (CPI-U).

 

Real average weekly earnings increased by 0.2 percent over the month due to the increase in real average

hourly earnings combined with no change in the average workweek.

Real average hourly earnings increased by 1.0 percent, seasonally adjusted, from December 2013 to

December 2014. This increase in real average hourly earnings, combined with a 0.9 percent increase in

the average workweek, resulted in a 1.9 percent increase in real average weekly earnings over this period.

 

 

Production and nonsupervisory employees

 

Real average hourly earnings for production and nonsupervisory employees rose 0.2 from November to

December, seasonally adjusted. This result stems from a 0.3 percent decrease in average hourly earnings

combined with a 0.5 percent decrease in the Consumer Price Index for Urban Wage Earners and Clerical

Workers (CPI-W).

 

Real average weekly earnings increased by 0.5 percent over the month due to the increase in real average

hourly earnings combined with an increase of 0.3 percent in the average workweek.

 

Real average hourly earnings increased by 1.5 percent, seasonally adjusted, from December 2013 to

December 2014. The increase in real average hourly earnings, combined with a 1.2 percent increase in the

average workweek, resulted in a 2.6 percent increase in real average weekly earnings over this period.

______________

Real Earnings for January 2015 is scheduled to be released on Thursday, February 26, 2015 at

8:30 a.m. (EST).

 

AND MORE…including TABLES….

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 

 

 

 

 

 

 

 

 




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