Thursday, July 11, 2024

BLS Data Dump. Real Earnings - July 11th, 2024

On to the Real Earnings.

Harkening back to February 2020, when the real hourly rate was $11.02, that rate is now $11.18 for hourly- private non farm payrolls, seasonally adjusted. 


Whereas real  weekly earnings for that same cohort has moved from $378.92 to $383.49.


For the real hourly earnings of Production and Non-Supervisory of $9.49 in February 2020, is now $9.79.


The real weekly earnings for this group moved from $319.90, to 329.92.

All the above data is based directly on the CPI-U to get the "real" component. 


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