Professional Service Agreement

Average Hourly Earnings Increase 0.1%, CPI Unchanged in October

November 17, 2020

The U.S. Bureau of Labor Statistics has reported that average hourly earnings for all employees increased 0.1 percent from September to October 2020. This result stems from an increase of 0.1 percent in average hourly earnings combined with no change in the Consumer Price Index (CPI). Real average hourly earnings increased 3.2 percent from October 2019 to October 2020.