- Average Hourly / Weekly Earnings / Weekly Hours (Excel only)
The private sector workweek, not seasonally adjusted, averaged 34.2 hours in November 2014, and is higher by six-tenths of an hour (1.8%) from the year-ago estimate of 33.6 hours. Average hourly earnings at $28.81, not seasonally adjusted, were up $1.21, or 4.4%, from last November. The resulting average private sector weekly pay was calculated at $985.30, up $57.94, or 6.2% over the year. All employee private sector wage estimates have been out-pacing inflation the last two months and may be another sign of an improved labor market. The year-to-year change in the Consumer Price Index for All Urban Consumers (CPI-U, U.S. City Average, not seasonally adjusted) in November 2014 was 1.3%. Information for the manufacturing production workweek and earnings can be found in the table section of this release under the “Hours and Earnings” data category.