Wednesday, December 11, 2024

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

On to the Real Earnings. 

Harkening back to February 2020, when the real hourly rate was $11.02, that rate is now $11.25 for hourly- private non farm payrolls, seasonally adjusted...  

Whereas real  weekly earnings for that same cohort has moved from $378.92 to $385.99, up 43¢ from last month, after revisions...

For the real hourly earnings of Production and Non-Supervisory of $9.49 in February 2020, is now $9.87. Up 2¢ from last month's report...
The real weekly earnings for this group moved from $319.90, to 332.45. Up 4¢ from last month, after revisions...
All the above data is based directly on the CPI-U to get the "real" component. 

[While I will continue to track the real earning report for personal reasons, I will discontinue publications of real earnings going forward]



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