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Transmission of material in this release is embargoed until USDL- 24-1326 8:30 a.m. (ET) Thursday, July 11, 2024 Technical information: (202) 691-6555 * [email protected] * www.bls.gov/ces Media contact: (202) 691-5902 * [email protected] REAL EARNINGS � JUNE 2024 All employees Real average hourly earnings for all employees increased 0.4 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from an increase of 0.3 percent in average hourly earnings combined with a decrease of 0.1 percent in the Consumer Price Index for All Urban Consumers (CPI-U). Real average weekly earnings increased 0.3 percent over the month due to the change in real average hourly earnings combined with no change in the average workweek. Real average hourly earnings increased 0.8 percent, seasonally adjusted, from June 2023 to June 2024. The change in real average hourly earnings combined with a decrease of 0.3 percent in the average workweek resulted in a 0.6-percent increase in real average weekly earnings over this period. Production and nonsupervisory employees Real average hourly earnings for production and nonsupervisory employees increased 0.4 percent from May to June, seasonally adjusted. This result stems from a 0.3-percent increase in average hourly earnings combined with a decrease of 0.1 percent in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Real average weekly earnings increased 0.2 percent over the month due to the change in real average hourly earnings combined with a 0.3-percent decrease in the average workweek. From June 2023 to June 2024, real average hourly earnings increased 1.0 percent, seasonally adjusted. The change in real average hourly earnings combined with a decrease of 0.3 percent in the average workweek resulted in a 0.7-percent increase in real average weekly earnings over this period. ____________ Real Earnings for July 2024 is scheduled to be released on August 14, 2024, at 8:30 a.m. (ET).