Thursday, June 17, 2021

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2021/real-average-weekly-earnings-down-2-2-percent-from-may-2020-to-may-2021.htm. Highlights are below.

Real average weekly earnings down 2.2 percent from May 2020 to May 2021

06/17/2021

Real (adjusted for inflation) average weekly earnings decreased 2.2 percent from May 2020 to May 2021. The change in real average weekly earnings resulted from real average hourly earnings decreasing 2.8 percent from May 2020 to May 2021. The change in real average hourly earnings, combined with an increase of 0.6 percent in the average workweek, resulted in the 2.2-percent decrease in real average weekly earnings over this period.

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