Really, You're Earning Less Money

Does your paycheck feel lighter this month?

Real average hourly earnings decreased 0.2% in September from August, the BLS reported today, due to flat wages and a 0.1% increase in CPI.

Real average weekly earnings, on the other hand, increased by 0.2% thanks to a 0.3% increase in weekly hours.

Year-over-year, both real average hourly earnings and average weekly hours are up 0.3%, resulting in a 0.6% increase in average weekly earnings.

The story remains the same: even as the economy recovers, wage growth is basically non-existent - and that's bad for the vast majority of Americans.

Here's the full BLS release: