Real average hourly earnings decrease 0.2% in January

[mahatmakanejeeves]

Real average hourly earnings decrease 0.2% in January

Economic News Release USDL-18-0239

Real Earnings Summary

Transmission of material in this release is embargoed until 8:30 a.m. (EST), Wednesday, February 14, 2018

Technical Information: [phone] * [email protected] * www.bls.gov/ces
Media Contact: [phone] * [email protected]

REAL EARNINGS – JANUARY 2018

All employees

Real average hourly earnings for all employees decreased 0.2 percent from December to January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.3-percent increase in average hourly earnings offset by a 0.5-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased 0.8 percent over the month due to the decrease in real average hourly earnings combined with a 0.6-percent decrease in the average workweek.

Real average hourly earnings increased 0.8 percent, seasonally adjusted, from January 2017 to January 2018. The increase in real average hourly earnings combined with a 0.3-percent decrease in the average workweek resulted in a 0.4-percent increase in real average weekly earnings over this period.
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Real Earnings for February 2018 is scheduled to be released on Tuesday, March 13, 2018 at 8:30 a.m. (EDT).

There's this too:

U.S. import prices up 1.0% in January led by higher fuel prices; export prices rise 0.8%

[Zoonart]

1. Your big beautiful Tax cut at work.

[democratisphere]

2. Stagnant or lower wages with ever increasing prices for goods and services.

We're digging our way to China.