US: Real average hourly earnings for all employees increased 0.1 percent from March to April

Eren Sengezer FXStreet

Real average hourly earnings for all employees increased 0.1 percent from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported on Friday.

Key findings:

This result stems from a 0.3-percent increase in average hourly earnings combined with a 0.2-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U)
Real average hourly earnings increased 0.4 percent, seasonally adjusted, from April 2016 to April 2017.
The increase in real average hourly earnings combined with no change in the average workweek resulted in a 0.3-percent increase in real average weekly earnings over this period

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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