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The phrase “real earnings” refers to earnings that are inflation-adjusted. It’s an honest way of looking at what people make over time.

That said, the latest numbers on real earnings from the U.S. Bureau of Labor Statistics showed that things aren’t improving much. In fact, from April to May 2016, seasonally adjusted real average hourly earnings for all employees didn’t improve at all. They were unchanged.

Real average hourly earnings did increase 1.4 percent, seasonally adjusted, from May 2015 to May 2016. This increase in real average hourly earnings combined with a 0.3 percent decrease in the average workweek resulted in a 1.1 percent increase in real average weekly earnings over this period, the Bureau reported.

Travis Credit Union’s free financial education seminars can help you better manage your money. Our seminar topics range from understanding credit, home purchases and college financing. There are even workshops to teach your teen basic money management skills.

For a list of our seminars, visit www.traviscu.org/seminars. Check out when the next one is happening in your neighborhood.

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