- U.S. weekly earnings rise 0.7% in August
Market news
16 September 2015
U.S. weekly earnings rise 0.7% in August
The U.S. Labor Department released its real earnings data on Wednesday. Weekly earnings rose 0.7% in August, after a 0.1% increase in July.
The increase was driven by rises in workers' hourly pay and hours.
Average hourly earnings climbed 0.5%.
On a yearly basis, real average weekly earnings increased 2.3% in August, while hourly earnings rose 2%.
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