Wednesday, October 13, 2021

Real (inflation adjusted) Earnings UP Month-over-Month; DOWN Year-over-Year

From the Bureau of Labor Statistics, October 13, 2021:

Table A-1. Current and real (constant 1982-1984 dollars) earnings for all employees on private nonfarm payrolls, seasonally adjusted

Real average hourly earnings

OVER-THE-MONTH PERCENT CHANGE +0.2

OVER-THE-YEAR PERCENT CHANGE     -0.8 

Table A-2. Current and real (constant 1982-1984 dollars) earnings for production and nonsupervisory employees on private nonfarm payrolls, seasonally adjusted

Real average hourly earnings

OVER-THE-MONTH PERCENT CHANGE +0.2 

OVER-THE-YEAR PERCENT CHANGE     -0.4