Real Hourly Wages Rise For 2nd Month But Reduced Hours Eat Most of the Gain

13 September 2022

My numbers slightly differ from BLS (+-0.1). For example, the BLS has the rise last month as 0.6 and September of 2021 as 0.20. Since August of 2021 we both calculate only three positive months. We both calculate six positive months for production and nonsupervisory workers. Most months we arrive at the same number.

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