Thursday, October 10, 2024

BLS Data Dump. Real Earnings - October 10th, 2024

On to the Real Earnings.

Harkening back to February 2020, when the real hourly rate was $11.02, that rate is now $11.24 for hourly- private non farm payrolls, seasonally adjusted...  


Whereas real  weekly earnings for that same cohort has moved from $378.92 to $384.29, down 40¢ from last month...


For the real hourly earnings of Production and Non-Supervisory of $9.49 in February 2020, is now $9.84. Up 1¢ from last month's report...


The real weekly earnings for this group moved from $319.90, to 331.56. Up 42¢ from last month...


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



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