US: Real average hourly earnings for all employees increased 0.1% from May to June

Eren Sengezer FXStreet

"Real average hourly earnings for all employees increased 0.1 percent from May to June, seasonally adjusted," the U.S. Bureau of Labor Statistics announced in its "Real Earnings Summary" on Thursday.

Key takeaways from the official publication

This result stems from a 0.2-percent increase in average hourly earnings combined with a 0.1-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average hourly earnings were unchanged, seasonally adjusted, from June 2017 to June 2018.
Real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 0.2-percent increase in real average weekly earnings over this period.
From June 2017 to June 2018, real average hourly earnings decreased 0.2 percent, seasonally adjusted.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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