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Real Earnings - October 2023
 Transmission of material in this release is embargoed until 8:30 am (ET) November 14, 2023
  Top Takeaways
 Headline
  All employees, private sector, percent changes Hourly, 1 month

Weekly, 1 month

Hourly, 12 month

Weekly, 12 month

Hourly by industry, 12 month Real average hourly earnings of all employees, 1-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average hourly earnings of all employeesOct 2022
	-0.1%Nov 2022
	0.2%Dec 2022
	0.3%Jan 2023
	-0.2%Feb 2023
	-0.1%Mar 2023
	0.2%Apr 2023
	0.1%May 2023
	0.2%June 2023
	0.3%July 2023
	0.2%Aug 2023
	-0.4%Sept 2023
	-0.1%Oct 2023
	0.2%
 Hourly, 1 month  Real average hourly earnings for all employees increased 0.2 percent from September to October, seasonally adjusted.This result stems from an increase of 0.2 percent in average hourly earnings combined with no change in the Consumer Price Index for All Urban Consumers (CPI-U).
 Real average weekly earnings of all employees, 1-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average weekly earnings of all employeesOct 2022
	-0.1%Nov 2022
	-0.1%Dec 2022
	-0.1%Jan 2023
	0.4%Feb 2023
	-0.4%Mar 2023
	-0.1%Apr 2023
	0.1%May 2023
	-0.1%June 2023
	0.6%July 2023
	-0.1%Aug 2023
	-0.1%Sept 2023
	-0.1%Oct 2023
	-0.1%
 Weekly, 1 month  Real average weekly earnings  for all employees decreased 0.1 percent in October.This change is due to an increase of 0.2 percent in real average hourly earnings combined with a decrease of 0.3 percent in the average workweek.
 Real average hourly earnings of all employees, 12-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average hourly earnings of all employeesOct 2022
	-2.7%Nov 2022
	-2.1%Dec 2022
	-1.6%Jan 2023
	-1.8%Feb 2023
	-1.2%Mar 2023
	-0.6%Apr 2023
	-0.5%May 2023
	0.2%June 2023
	1.3%July 2023
	1.0%Aug 2023
	0.5%Sept 2023
	0.5%Oct 2023
	0.8%
 Hourly, 12 month  Real average hourly earnings for all employees increased 0.8 percent, seasonally adjusted, from October 2022 to October 2023.
 Real average weekly earnings of all employees, 12-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average weekly earnings of all employeesOct 2022
	-3.0%Nov 2022
	-2.8%Dec 2022
	-2.7%Jan 2023
	-1.8%Feb 2023
	-1.8%Mar 2023
	-1.5%Apr 2023
	-1.1%May 2023
	-0.7%June 2023
	0.7%July 2023
	0.1%Aug 2023
	0.3%Sept 2023
	0.0%Oct 2023
	0.0%
 Weekly, 12 month  Real average weekly earnings for all employees were unchanged from October 2022 to October 2023.This change is due to an increase of 0.8 percent in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek.
 Real average hourly earnings of all employees by industry, 12-month percent change, seasonally adjusted, October 2023


Industry
	Percent changeMining and logging
	2.7%Construction
	1.7%Manufacturing
	1.5%Wholesale trade
	1.1%Retail trade
	0.4%Transportation and warehousing
	1.9%Utilities
	0.9%Information
	-1.8%Financial activities
	1.8%Professional and business services
	1.2%Private education and health services
	-0.2%Leisure and hospitality
	1.2%Other services
	0.7%
 Hourly by industry, 12 month  The largest over-the-year percent increase in real average hourly earnings was in mining and logging (+2.7 percent).The largest over-the-year percent decrease in real average hourly earnings was in information (-1.8 percent).
 Production and nonsupervisory employees, private sector, percent changes Hourly, 1 month

Weekly, 1 month

Hourly, 12 month

Weekly, 12 month

Hourly by industry, 12 month Real average hourly earnings of production and nonsupervisory employees, 1-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average hourly earnings of production and nonsupervisory employeesOct 2022
	-0.1%Nov 2022
	0.3%Dec 2022
	0.4%Jan 2023
	-0.2%Feb 2023
	0.1%Mar 2023
	0.4%Apr 2023
	-0.2%May 2023
	0.4%June 2023
	0.1%July 2023
	0.3%Aug 2023
	-0.6%Sept 2023
	0.0%Oct 2023
	0.3%
 Hourly, 1 month  Real average hourly earnings for production and nonsupervisory employees increased 0.3 percent from September to October, seasonally adjusted.This result stems from an increase of 0.3 percent in average hourly earnings combined with no change in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
 Real average weekly earnings of production and nonsupervisory employees, 1-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average weekly earnings of production and nonsupervisory employeesOct 2022
	-0.1%Nov 2022
	0.0%Dec 2022
	0.1%Jan 2023
	0.6%Feb 2023
	-0.5%Mar 2023
	0.4%Apr 2023
	-0.4%May 2023
	0.3%June 2023
	0.2%July 2023
	0.3%Aug 2023
	-0.6%Sept 2023
	-0.1%Oct 2023
	0.0%
 Weekly, 1 month  Real average weekly earnings for production and nonsupervisory employees were essentially unchanged in October.This is due to an increase of 0.3 percent in real average hourly earnings combined with a decrease of 0.3 percent in the average workweek.
 Real average hourly earnings of production and nonsupervisory employees, 12-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average hourly earnings of production and nonsupervisory employeesOct 2022
	-2.1%Nov 2022
	-1.3%Dec 2022
	-0.8%Jan 2023
	-0.8%Feb 2023
	-0.3%Mar 2023
	0.6%Apr 2023
	0.2%May 2023
	1.2%June 2023
	2.1%July 2023
	1.9%Aug 2023
	0.9%Sept 2023
	0.9%Oct 2023
	1.4%
 Hourly, 12 month  Real average hourly earnings for production and nonsupervisory employees increased 1.4 percent, seasonally adjusted, from October 2022 to October 2023.
 Real average weekly earnings of production and nonsupervisory employees, 12-month percent change, seasonally adjusted, October 2022 to October 2023


Month
	Real average weekly earnings of production and nonsupervisory employeesOct 2022
	-2.6%Nov 2022
	-2.2%Dec 2022
	-1.7%Jan 2023
	-0.6%Feb 2023
	-1.2%Mar 2023
	0.0%Apr 2023
	-0.6%May 2023
	0.2%June 2023
	1.2%July 2023
	1.2%Aug 2023
	0.4%Sept 2023
	0.3%Oct 2023
	0.4%
 Weekly, 12 month  Real average weekly earnings for production and nonsupervisory employees increased 0.4 percent from October 2022 to October 2023.This change is due to an increase of 1.4 percent in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek.
 Real average hourly earnings of production and nonsupervisory employees by industry, 12-month percent change, seasonally adjusted, October 2023


Industry
	Percent changeMining and logging
	2.3%Construction
	2.2%Manufacturing
	2.0%Wholesale trade
	0.1%Retail trade
	0.1%Transportation and warehousing
	4.0%Utilities
	1.4%Information
	-1.4%Financial activities
	2.7%Professional and business services
	1.8%Private education and health services
	0.3%Leisure and hospitality
	1.5%Other services
	0.7%
 Hourly by industry, 12 month  The largest over-the-year percent increase in real average hourly earnings was in transportation and warehousing (+4.0 percent).The largest over-the-year percent decrease in real average hourly earnings was in information (-1.4 percent).
 Additional Information  Tables Excel File
About this release (technical information and FAQs)
 Contact Information Technical information:
(202) 691-6555; cesinfo@bls.gov; www.bls.gov/cesMedia contact:
(202) 691-5902; PressOffice@bls.gov
  Next Release December 12, 2023 at 8:30 am (ET)
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